We quickly get into an area of diminishing returns when we think that larger tramming aids and larger indicator faces will improve our results. It is the classic case of "measure it with a micrometer, mark it with a crayon, and then cut if off with an axe." After you get it "perfect", move all the axes a couple turns of the wheels, check it again, and see what you get. There is no such thing as perfect, only tolerances to aim for. Using micrometers to measure parts for making a welding table will not get you a better end result, only a more lengthy project...
Learning to use our tools for the very best possible results is most certainly worthwhile for improving our skills. The smart machinist's task then becomes determining when, where, and how much those skills need to be applied to specific operations and projects.