BarryNL:
True, but why not just say 1.4 is the limit and leave it at that - why teach that 1.4 is the limit, but, well, 1.6 that's the limit too. It's pretty likely that by teaching the 1.6 "contingency" limit that some people are going to use that limit without understanding it.
See, and that's why I think it should be taught as a class. Its not just that "1.6 is evil and you will die but 1.4 is OK". Its actually a combination of pPO2 and
time (this according to the people at NOAA who literally wrote the book on enriched air diving). So 1.6 might be OK for a short period of time (45 minutes or less) given a perfect set of circumstance, the reality is the perfect set of circumstance may not exist for your dive due to conditioning, cold, current, working dive, length of dive, etc. The thing is, given all that, 1.4 for a long period may not be safe either. Agencies that teach nitrox with a stock pPO2 plus a little algebra are, IMO, cheating their students out of not just knowledge, but the ability to intelligently manage their own risks.
FWIW, I thought I knew it all when I took my Nitrox class, but you never know what you don't know.

I learned all the above, plus a fair bit on decompression theory and practical advice on how to maximize offgassing and minimize DCS risks. My nitrox class was far-and-away the best scubadollars I've ever spent. YMMV, but probably not if you have a great nitrox instructor.