My turn to stir up the pot.
The issue is second guessing the engineers.
Base requirements: Enough oil in the pan to keep the pickup screen submerged at all times during bumps and hills and driving in circles while not so much that the crank is pounding into the pool of oil.
Checking it cold after an overnight sitting will probably give the most consistent reading. Everything has oozed back to the pan and the filter has emptied as much as it's likely to. Thermal expansion differences between ambient temps of 20F in winter to 80F in summer are small compared to ambient and an operating temp of 200F. Engineer #1 says this is fine and marks the dipstick according to an average thermal expansion of 0.0004 per 1F. The mark will be closer to the tip of the dipstick to take into account the expansion at operating temp and he/she will tell you to check it cold.
Engineer #2 likes to base their work on a hot engine. They know how much clearance they want between the crank and the oil while running. This engineer wants the lifters and the filter filled and takes into account any ADB devices. This engineer assumes most people will check the oil at a gas station after driving or get an oil changed at Jiffy Lube just like he does and will mark dipstick where he wants it at after a 10 minute ooze period. This mark will be further up the dipstick.
Engineer #3, who oversees the other two, may add a fudge factor because he knows that most people that drive cars are idiots and will either use the lowest mark or the highest of the range. He may assume someone will crank their torsion bars up front or put big tires on the back and specify a 1/4 inch deeper pan and screen to allow more clearance.
Variables: Manufacturing tolerances of the oil pan, gasket, dipstick, tube, engine angle (car parked on an incline, worn springs, low tires, and the human error of thinking that, "Gee, I only drove to the gas station. The oil is still cold." but now it's spread throughout the motor and the filter is full.
Bottom line: Follow the manual and hope there are no typos. If the manual is vague then use common sense. Cold (before starting) or 10-15 minutes after shutting the motor off to allow most, if not all, to drain back. If you just started it cold for a minute to move down the driveway... don't bother. Check the oil another time.
I, on the other hand, have to assume that there is enough wriggle room that +/- a pint (or even a quart) spread out over 128 square inches of surface area (8" x 16" oil pan measured at the block) will make little difference.
There. Clear as mud