My turn, guys.
1) It is only fair to tell you that I am a Snap-On dealer.
2) I can NOT sell outside of my "territory", and won't. It's a violation of my franchise agreement (and I agree with it).
3) I know a little bit about torque "wrenches".
Torque "wrenches" aren't. They are (or should be) precision instruments. That said, if any of you are involved enough with your cars to actually need a torque tool, it's worth having a good one.
A little background is needed. It was mentioned earlier by Dave Russell that torque tools are not accurate above or below 20% of scale. In most cases this IS true. The higher the quality of the tool, the greater portion of the working range is useable. Also, it is better NOT to buy one with a real wide working range. In other words, a 3/8" unit that goes from 5-75 lbs/ft will usually be more accurate than one that goes from 10-100. Next, very few companies are making most of the available torque tools. Central, Precision, CDI, and Snap-On are about the only readily available domestic units. Snap-On is the ONLY one that includes a calibration statement with the unit. It makes for interesting reading to see just how accurate S.O. torque tools really are. How about under 4% at full scale on any of the currently available units! Also, Snap On has three regional service centers that can repair and/or calibrate their own units, and that service is available through any Snap-On dealer for a flat fee, depending on the model.
Realistically, any decent torque "wrench" is okay on race day for checking wheel lug torque. Building an engine, rear end, or transmission is another issue. Plus or minus 10 lbs/ft on a lug nut isn't all that important, but it sure as heck is when you are snugging up a crank or head!
Just like with tires, shocks, oil, etc., buy the good stuff, and worry less about the results.