Its not alchemy, but a designer does have to know what he is doing and it is the mark of a good engineer to know what is 'negligible' and what is not.
Beyond the alchemy part of your post, it is pretty much correct. Even a talented engineer will fall well short of possibility if he or she does not remain a student of the practice (or 'art'), especially that of the specific product and its goals. There is always something new to learn- I find that engineering/technical types that make the assumption that we know everything there is to know about audio are the same ones that have terrible stereos.
You have to have an open mind and in particular, be open to the fact that you don't know everything!!
Beyond the alchemy part of your post, it is pretty much correct. Even a talented engineer will fall well short of possibility if he or she does not remain a student of the practice (or 'art'), especially that of the specific product and its goals. There is always something new to learn- I find that engineering/technical types that make the assumption that we know everything there is to know about audio are the same ones that have terrible stereos.
You have to have an open mind and in particular, be open to the fact that you don't know everything!!