I just don't get why they wouldn't be relevant if its what they should ever do. Are not the second, the tenth, and the hundredth all relevant now in racing? why would a thousandth not be relevant? Isnt time the most relevant thing there is to racing? Flaws aside, Isnt time what its all about? It why they do it.
We engineers have a saying we use to bring this into perspective: Measure with a micrometer, mark it with chalk, cut it with a chainsaw.