True on that. There are tolerances for reasons. Sometimes you're closer to the edges but still good. They may not be perfect but they're pretty dang good (no I'm not talking about Pretty Dang Good Ammo®).
There are many ways to see who works in the real world. Cnc machines are good but they're not perfect. Manual machines are good and for some quantities may be faster. Cnc machines ran crappily put out crap parts. It is possible to make absolute correct parts but you can't afford them. Most of the time absolute correct parts aren't needed. Not all features are created equal.
I know there's a saying some thing along the lines that adding a decimal place to precision drives cost up 10 times or something like that. Numbers are probably off.