

On the dowel hole point, just measuring this stuff is going to take at the bare minimum an automated and purpose built CMM, which will drive the cost up even more. If we are to assume +/- 5 microns for every single part - we are talking about the level of manufacturing that Mitutoyo or Starrett have. This will be a multi-million dollar vehicle that noone would buy.
Well, in terms of for real metrology, you are correct. A better comparison would have been Brown and Sharpe. However, Starrett has more than enough reputation of everything that they produce being of a very high standard- primarily layout tools like calipers, precision levels, etc.
ETA: This could very well be my bias as an American showing. I know from experience that the fit and finish of a high end pair of Mitutoyo calipers have what I consider to be subpar to the Starrett equivalent in terms of fit and finish. There is also a $500 ish price difference which could also be a subconscious bias.