OK folks. I need some help. Many people have asked about Wixey making a digital depth scale for drill presses and I think I have probably told everyone that we are going to make one someday. Well, we have just come up with a very slick simple idea but I am not sure it will be accurate enough. The device would be very repeatable but the absolute accuracy may only be 1/32". Maybe 1/64" but lets say 1/32" to be safe.

My question is this: is this good enough and if not, what applications would you be doing where you would need to drill a hole and control the depth closer than 1/32" ?

As always, thanks for your help!