I was inspired by this watch face design (I think that's the original version) and by the arrival of a "OCXO", a very reliable time keeping circuit, to finally make an electronic clock.
Accuracy: Between hardware and software tuning, the OCXO keeps time with an accuracy of possibly better than 100 microseconds per day (loses or gains well less than a half second per year) (Yes, I'm deliberately ignoring a lot about crystal aging here!)
Precision: The time displayed is to the nearest minute, and the touchscreen setting mechanism is (deliberately?) poor, making it hard to set the time closer than +- 2 minutes or so. Oh, and it takes a good fraction of a second to update the screen anytime it changes. (The best way to set it seems to be to wait until a few seconds before 6AM/6PM and plug it in, since it boots with that time showing)