Well, you're assuming our TS has a "known good" PSU laying around the house in the first place. Although I quite agree, having a spare on hand is a very good idea.
You can't check a fully unloaded PSU while it's still in the machine anyway.
In the case of, a "it won't boot", one (or possibly more) rail is likely dead. Sticking a spare molex with the machine running for 5 & 12 v readings is certainly easier than R & R on a PSU.(As long as one doesn't forget to have an anti-static wristband on call).
IIRC, I began my post with a "FWIW", and a simple suggestion that a $7.00 multimeter was a handy thing to have around, not as a be all, end all, for all situations.
Every time I'm asked for a hot shot, I stick the car's battery for a reading of the charging voltage, to rule out whether the battery or the alternator is at fault. That eliminates a trip to the shop for the car owner, and a second request for my assistance. Win, win.