I think you skimmed over "A floating point expert can probably look at this ... 
"

I remember a time when I just assumed more bits was better, and a later time 
when I figured smaller was better, and a still later time when I wanted to 
match the published requirements for bitsize.  So that was several years when I 
didn't really understand the tradeoffs, but could benefit from (or at least 
write better documentation) knowing the size.  During those years, I would have 
recognized the importance of 1024, but would probably not have bothered 
interpreting 2.220446049250313.  

A method (or docstring) with a more friendly interface would be good.

-jJ
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