I'm doing more and more of my work in metric and enjoying the easy math immensely. What I don't understand, though, is why woodworkers in the US insist on using non-decimal fractions for measurements. (I presume it is historical, that when the craft took its current form it probably wasn't feasible to make an affordable ruler marked in 10ths and 100ths.). Most of the things I see relating to metal use decimal fractions, e.g. 1.5 or 1.625, why can't we do that with wood? It would make the math so much easier.
As to the degree of precision required for woodworking, I make high end furniture like chairs and drawers with hand cut dovetails. I almost never measure anything smaller than 1/64th and if I did the measurement would darn well be in decimal fractions instead of some silliness like 53/128ths.
When high levels of precision is required, I never rely on the gauges built into tools. With a router, I always measure the travel distance between the stop and the depth adjustment rod with a caliper, rather than trusting the guide. Same principle with saws, etc. If precision is vital, I always make a test cut on scrap to ensure the setup produces the desired result.
So, I can go either way - imperial or metric. I think the main thing, though, is to pick a measurement system for a project and stick with it. Using some imperial dimensions and some metric ones is just asking for trouble.
Most of all, I never measure unless I absolutely have to. Most of the time in woodworking the key is making two or more pieces the same length or width and the actual length is immaterial. When I'm making furniture, I often do a full sized drawing on a thin piece of mdf and erase and redraw until it looks right, then cut out the shape and fair it. Then I have a template to mark wood with and to compare the current shape of the wood to its intended shape. I have no idea how inches or meters tall my chair is or how many degrees the legs splay, but each one is exactly the same as the others and they are all as long as they need to be.
The virtue of high end tools such as Festool is not so much that they measure something accurately, but that once they are set, they keep their settings long enough to produce consistent results throughout the project.
Sorry this is so long, must have 'pressed a button' for me.