Its actually not as hard to do as you may think.
Depending on the regulator design, the cracking effort is really a function of the spring and or balance system. Adjusting the orifice just preloads the system to it wont leak.
I understand how the balanced poppet system on my regs works. I'll admit, however, that I have very limited reg repair experience.
I have seen a fair share of regulators with lever arm slop, another way to detect over adjustments.
Lever arm slop = lever arm set too low affecting the seal between seat crown and rubber seating, right? If so, shaking the second stage up and down will cause some noisy rattling. Visual inspection should show where the lever arm is relative to the case rim. This problem will also be revealed by excessive travel of the purge button. A simple adjustment to the orifice will raise the lever arm to be approx. even with the case rim. This should get it to be pretty close to being properly tuned. If the lever arm looks bent, then it should be replaced. If the counterbalance cylinder, valve spring, or shuttle valve look wonky (compared to another properly functioning reg), I'd replace the malfunctioning part(s). At least that's how I'd deal with the issue on my regs and I wouldn't need a magnehelic
But for $10-$15 why not get one?
For quantifying cracking pressure to satisfy reg-geek curiosity, I could see its utility.
As a diagnostic tool for reg problems, I don't know how useful the info of an excessively high or low cracking pressure would be. Subjectively breathing off of the reg will already indicate that something's not right at which point troubleshooting would commence.
The other thing is that I don't like having to store unnecessary tools in my very small apartment. Moreover, I think it's pretty telling that the reg tech manual for my regs doesn't even mention the use of a manometer or magnehelic. Perhaps you guys are working on more complicated regs that require these extra tools, I don't know.