It is an interesting thing and I agree with what you said above, but I would add that it is important to have a good idea where the needle is tracking on the guage dial every time one looks at it so that they don't find themself breathing the tank dry with a stuck needle giving the false impression that they have any air left.
When I dive with my air integrated computer and transmitter, I have a constant readout of my tank pressure and remaining air time based on my current breathing rate. The computer is on my right wrist/forearm and I dive in a manner that it is nearly in constant view.
When I dive with a non-AI computer and SPG, I often look at my gauge and register where the needle is relative to the markings on the gauge and mentally note that I have enough air left or need to move up in the water column, or turn the dive, etc. But the only time that I really note how many bar or PSI I have is when my buddy asks for my air pressure, or if I am responding with mine after asking my buddy for theirs. But if more than 30 seconds goes by and one was to request my air pressure again, I would have to look at the gauge as I don't, for some odd reason, retain the info.
Its kinda like no matter how many times one writes the date, one has a tendancy to look at their watch to remind themself what the date is...even if they just wrote down the date 5 minutes prior.
I believe the phenomenon is called "cognitive slip", and it would probably be safer if I made more of an effort to note and maintain cognizance of the actual pressure reading when I look at my SPG...
...but I know from my diving experience that I am not the only one who suffers from "cognitive slip" when under water. It is actually rather common.
-Z