I remember looking at some of the "Ram Tools" impact sockets from Cummins Tool (traveling tool gypsies). Some like 3/4" were stamped with both sizes.
Lone Wolf's chart is how I think of it too, but backwards. I prefer to think of it strictly in thousandths. Thus 8mm and 5/16 are only 2.5 thou apart (.315 vs .3125). That's less than a human hair. 19mm is less than 2 thou under 3/4" (.74803 vs .750)
Now, if you ever take an off-the-shelf hex fastener and measure it, you'll find it's 10 to 15 thou undersize. Now take an open end wrench and you'll find it's 10 to 15 thou oversize. So yeah, I wouldnt' worry about a couple thou between something like 8mm and 5/16.
And no, I don't believe most manufacturers are truly making different sockets for the above sizes. If they're smart they're not. No reason to not take the same socket and simply etch it with either metric or fractional, and cuts down on manufacturing costs obviously.
But I'll trade ya a 1/4" drill bit for a letter "E"!!