QUOTE(Aristocrates @ Sep 11 2007, 07:30 PM)

This stuff interests me so much!
but one thing Id like to know is how accepted it is or how valid it is.
The validity of the theory should be obvious. Sorry if this sounds a little over the top, perhaps, but one must look at chaos in the sense that each consequence (resultant activity) is the result of an almost infinite number of contributory factors.
One here said it's a way of predicting complex systems without going into the actual mechanics of the system. (Northwest) This has been touted as being a truth; however, that is mathematical imprecision. There are numerous math sets that claim to be predictive, such as the Mandelbrot equations. However, it must be remembered that the patterns are merely supposition, as are most of the laws we see as laws. While many are accepted, and have been validated in general terms, there are few, if any, of these laws that are absolute.
In my part of the game, electronics, any and all laws are, to a good engineer, generally acceptable; however, any and all laws have factors which appear, apparently from nowhere, that must be accounted for in any system, be it simple or complex. Naturally, the more complex the system, the greater the number of such factors. As a for instance, when dealing with high power systems in which either or both voltage and current are large, field generation and subsequent affected circuitry can be quite nasty, wherein noise currents might be well over the input currents, as well as extreme voltage generation. In most cases, the resultant noise is damped in one fashion or another, without much thought of what caused it in the first place.
Numerous inconsistencies exist within the field of electrical phenomena, perhaps more in the areas of high power and magnetics. On UM, I've been told we know all about these phenomena, but when I've asked why certain things happen, there are no answers, just quotations of some of the "laws" previously mentioned. For myself, that is incomplete; until then, the phenomena, whatever it might be, remains to some degree mystical in the sense that we cannot truly define, therefore predict, what will occur. We may have a good idea that something will happen, and prepare for that in some way, but usually modifications are in order.
Even within particle physics there are double standards, in a sense. In some ways, normal mathematics can be predictive, but in others, the requirement is to use matrix math. For those unfamiliar, simplistically, normal math as A * B = B * A (no, not the musical group). In matrix solutions, it is not necessarily so that the above is correct; it may be said that A * B /= B * A (not equal to), because of the matrix itself. Yet, the two forms are used, sometimes interchangeably, to make the math predictive.
In a very real sense, it is possible for simple thought about an object to change that object in some fashion, oddly enough. This aspect was forwarded by several physicists who desire to remain unnamed (for purposes of reputation), and continues to be a point of contention.
Where does this lead? Back to the chaos theory, wherein it is virtually impossible to know all the factors of an outcome.
Again, have fun.