From what I have observed, absolutely.
Your right that this is not a precision tool, but the average deviation from the indicated size was over a half of a millimeter, that is horrible.
The tolerances described are unacceptable. BMXr4life may have received a good set, but the quality level/tolerances are going to be all over the board with these. IMO, HF tools can be best described as inconsistent. In HFs defense, what more can someone honestly expect considering the price point? I also thought this set was around $20, not $40.

