Ray;
Commercial products have the potential for much higher overall quality. About 10% of all hand coatings using doctor blades usually have some defect of some sort, the remainder being of production quality. The defects can vary from small pinholes (retouchable) to non-uniform areas (non-retoucahble). Some are there but cannot be seen in the print. So, variability might be the bottom line here differentiating home coatings from production coatings.
You must remember though that Jim Browning made production quality coatings at home, albeit with a pricey machine, but it did work and did give excellent 30x40 sheets. And, we walked into his darkroom, started things up, melted gelatin and made a perfect film coating the first time. We did the same with paper after a day of experimentation as well.
So, high quality is possible.
PE