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I consider myself serious, and make a very nice
living from selling software to solve finite-difference Poison-Boltzmann
electrostatic calculations on regular grids, and molecular minimizations
using quasi-newtonian numerical optimizers. Toon does numerical weather
forecasting, and he seems happy with -ffast-math. Laurent performs large
scale Monte-Carlo simulations, and he also seems happy with it.
Another common myth is that anyone serious about floating point doesn't
use the IA-32 architecture for numerical calculations, due to the excess
precision in floating point calculations. But then its a complete
mystery why this so many of the top500 supercomputers are now Intel/AMD
clusters.
Interestingly, though the code for Intel was *much* better than for PPC, my PPC machines all finished faster than my higher clocked AMD machines on the same FEM code, often by simply requiring less iterations to reach convergence.
Servus, Daniel
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