I have become very paranoid about overvoltage protection due to many bad experiences with equipment (including recording desks costing 5 or 6 figures when new) that had a failure in the regulator.
I fully agree with keeping the "raw" rail's voltage to a reasonable voltage relative to the desired output. One 32 x 24 desk I serviced had close to 30 VDC "raw" into the 16V regulators. Needless to say, when that failed, hundreds of ICs in the desk literally burnt to a crisp. That was indeed a VERY poor design which resulted in thousands of dollars in repair bills.
That was NOT an isolated incident, either. I have run into in many other times, although not to that extreme (more like "raw" 24 VDC appearing on a nominal 15 to 18 VDC rail to the equipment).
Nevertheless, allowing, say, 10 VDC above the target regulated voltage for the raw rail can still cause a bad calamity when the Absolute Maximum voltage rating of a chip is exceeded. Example. TL07x chips are as common as popcorn in LOTS of gear, and these have an 18VDC Absolute Max. rating on each rail. If these chips are normally powered at 15 to 17 VDC (a common usage), and the raw rail was, say, 24 VDC (well under the 10 V max discussed), you will be significantly above the Abs. Max. if a regulator fails.
This is even a larger issue with Olde TTL parts, which operated from a nominal 5VDC, with a 7 VDC Abs. Max. To ensure against loss of regulation due to AC Mains sags, and to stay above the dropout rating of the regulator, probably at least 10 VDC "raw" is necessary.
Hence why I am pushing OVP "crowbars". Perhaps a very LARGE zener (ie, high wattage) across the output could be an alternative. I guess I would need to see if I can calculate how many Watts it would dissipate with a shorted pass transistor. However, for some reason, all of the folks such as Power-One, International power, Condor, etc. use crowbars, either as "stock" in their 5 VDC linears, or as an option for their other models.
One other item not yet mentioned...proper thermal design. Once again, I've seen FAR too many pieces of equipment that had power supply components running hot as a firecracker (to the point where the green circuit board(s) turned brown).
Bri