In reply to Jon Greengrass:
> For the bottom bracket itself it is not so important because the LH and RH threads mean its self tightening. However I would always use a torque wrench to fit the cranks to the bottom bracket axle, if they come loose it knackers the interface.
And if you over tighten square taper cranks it will mess things up.
On more modern hollowtech 2 cranks it's easy to strip the threads of the left arm pinch bolts.
Really, what most people here prove by their anecdotes is that it's more important to know when and where you need to use a torque wrench than anything else.
My anecdote about bb torque is that you should make sure your torque wrench measures in both directions. I found out that mine doesn't while massively over tightening the bb on my old bike, waiting for the click that never came. Luckily it didn't do any real harm.