it has become less important...and in JAA land...it used ti be back over the hold +/- 20 seconds ( whether you use a 4 minute hold from overhead or 3 minute from 90 degrees opposite the beacon on the outbound leg ( +/- ) the correction...
if it stays largely within the printed hold ( it would be very nice to be exactly on the correct QDM..!!..that is acceptable to me..
and remember...the entry and once round is not 'IN' the hold as such...it is the entry ...( even if the entry has been direct...most examiners would agree ) so a lot can be learned from the entry and the sharp guy/girl can actually seek to establish on the QDM in that first round rather than 45 seconds out and turn inbound for the beacon...but that depends on whether the entry has been direct or not...
the dean.
and one hold may be all he needs to see but that does'nt mean its all he can give...thats at his discretion...