Sorry, over 10mm the error is 0.16mm.
Bearing in mind my lathe is the 'other way round' using 40 divisions to turn 1mm into '40' thou I have never, ever encountered a significant error when applying a finishing cut
My preference is to avoid an 'awkward' step in the dial at all costs, as if you overlook it and work past it, you will either add or lose a few thou.
I also plan to replace the brain-damaging 75 division dials (0.02mm/div, which doesn't work in for me for some reason) on my mill with 60-division ones, although the DROs mean I keep making excuses to put this off.
An interesting paradox is that my mini-lath has a 16 tpi leadscrew, I use this with a 64-divison dial, 1 grad = 0.97 thou, a 3% error. A metric 1.5mm pitch leadscrew would let me use a more convenient 60 divisions with half the error when working in imperial…
Neil