I suspect that many mechanics with "sympathetically calibrated" hands are not quite as accurate as they believe but just get away with it.
I think your statement is correct.
I use a friends Norbar Pro-test to calibrate torque setting tools. At his workshop I have joined other suckers in guessing a torque, he hides the display from the contestant and has them try different values. A few people is not very representative but it seems most people are short of a few Nm, especially at settings nearing 100Nm. Trying to guess 4Nm using a 1/4" drive ratchet or tommy bar of usually 150mm length is a total guess and I have seen 1Nm to 15Nm when 4Nm was asked for.
People saying they can accurately guess torque settings are doing just that, guessing. I don't have any carbon parts and my old iron bikes are not so fussy. The only components that I would be careful not to overtighten are threaded frame brazeons.
There used to be some horrendous after market brake hardware made from titanium, Ergal and Zicral (7075 family) for Campagnolo, E.T.A and OMAS if I recall correctly. A customer at Harry Hall had a bag full of such junk fitted by the mechanic who managed to strip the alloy brake nuts, he was used to assembling steel components.