(This is a general reply to the topic as it began.)
There are different reasons for using a torque wrench. It must be
kept in mind, however, a torque wrench is only a tool, and will not
replace thinking. What a threaded fastener (nut & bolt) needs is an
adequate amount of tension, which is simply not-too-little and
not-too-much. This can be achieved by a truing the thread either by
hand or by a torque wrench. A torque wrench is then a measuring tool,
much like a spoke tensiometer, a tape measure, a caliper, or even a
tablespoon or measuring cup for a cook. You can make a great cake by
grabbing hands full of flour and pouring out the salt, but most people
would not want to purchase such a cake at their local grocery store.
A torque wrench, used correctly, makes a good mechanic better.
However, if basic knowledge is lacking, a torque wrench will not act
as "magic wand" making every component safe and secure.
There is also a difference between working on your own bike, and
working professionally on other peoples bikes. Correct use of a
torque wrench is one more way a shop can stand fully behind its work.
A quick look at various bicycle forums will show that the creaking
bicycle is often an issue, making lack of torque knowledge wide
spread.
See also for threading and torque issues:
http://www.parktool.com/repair_help/thread.shtml