Tankengine
One of the main considerations of this thread was to point out the situations where the automatic application of TOGA would be a bad idea. Sure, it is there to be used if required but I would question the necessity of its immediate use. Performance should be covered adequately at the planning. stage.
In 43 years flying, including 7 years as an aircraft qualified Base Training Captain (cf. sim.qualified) I have experienced an engine failure at VR where the F/O shouted "#4 engine failure!" and then proceeded to grab the #2 start lever! Swift intervention followed. Also doing night A330 base training with the last item to complete being a Go-around from below 100ft. Despite the briefing and rebrief on finals, at the call the trainee closed both thrust levers rather than advanced them. Unfortunately for me he did remember to pitch up!
So, to all the advocates out there of the `throttle death grip` please ask yourself "what are the benefits to me versus the pitfalls?"
PS to all non Airbus contributors remember the thrust levers on the Airbus never move of their own accord.