Totally disagree with realchaos
PS I'm ESD Certified
A Quick on ESD
http://www.esda.org/documents/FundamentalsPart1.pdf
NOTE the big effect that RH (Relative Humidity) has on the generation of static build up. Reason it is especially bad during winter. But even in the summer you can build up 100 Volt charge and NEVER know it (Takes close to 500V-> 1KV to feel it) – Someone say Ram operates @1.5 Volt, CPUs around 1 Volt and that nice shiny SSD only requires 5V.
Also NOTE “Walking Wounded” this is where a component has been damaged but is NOT dead – Performance is decreased and/or it is doomed to fail in 1 week, may one month, or could be 6 months that it then dies.
Images:
http://www.google.com/search?q=damage+from+esd&tbm=isch&tbo=u&source=univ&sa=X&ei=On75UeeUIKH94AOk6oCADA&ved=0CCoQsAQ&biw=1156&bih=1003
It is estimated that close to 30 % Of Electronic subsystems returned as DOAs and “failed within 30->90 days” are a result of ESD.
1) Yes the PSU should be installed, TURNED OFF (rocker switch) and PLUGGED in. The Ground is what DRAINs the electrons away (or supplies electrons).
If a Case is UNGROUNDED, you only succeed in Equalizing the charge between you and the case – NOT eliminate it. IE Winter time you have 1KV of electron on your BOD. Touch the case and 500 V worth of electrons flow to the case and 500 V stay on you. I know I kinda used a worse case.
2) Touching the case periodically – YES for the time you touch the Grounded case, you have drained the charge – BUT how about the 5 mins later.
3) On setting the MB on a surface. It should be what is known as Static dissipative – Cardboard works, wood works, Glass DOES NOT. On the electrostatic bag – ONE side is static dissipative, one side is NOT – bottom line here is do NOT use unless you can tell the difference.
4) A fallacy, You have to touch a pin – NO if you have a charge you also have a EH field. If your charge is High enough, just bringing your pinky close (ie 1/16” -> ¼ Inch from a component can damage it.
You decide if the cheap Wrist strap is worth some piece of Mind – and possibly a whole lot of aggravation.
Personally, When I handle a GPU, Ram, CPU – I WEAR the “Geeky” strap.
YES paint is a Insulator.
Added: On Walking Wounded, Take your pick.
http://www.google.com/#sclient=psy-ab&q=esd+walking+wounded&oq=esd+walking+wounded&gs_l=serp.3..0i22i30.5619.10818.0.11243.19.10.0.9.9.1.458.1306.5j4j4-1.10.0....0...1c.1.23.psy-ab..1.18.882.NTfql94EzxE&pbx=1&bav=on.2,or.r_qf.&fp=6503336793d7da41&biw=1156&bih=1003