Neat discussion about the exact meaning of "dropout voltage"
But regardless of what the datasheet claim (or even what you measure) you probably should not operate your linear regulators so close to the dropout limit. Dropout voltage are usually only measured in one dimension, mostly input voltage where output start to change xx%. Other specs however start to degrade long before dropout voltage, sometimes to the point of uselessness. PSRR for example are getting worse the closer you get to the dropout voltage limit.
Hi,
Yes there is a lot more to be considered, but when we talk about a particular aspect of a circuit we usually concentrate on that first so we can isolate the effects of that mode of operation. We can always add other aspects later, but we would also consider them separately.
This is the way a lot of analysis is done, where we try to concentrate the analysis on one dimension of the problem alone, then we can always sum the individual analysis results to figure out the entire set of problems.
When we consider the drop out voltage alone, we get a good understanding of how that works, period. When we add in the other issues, we may see that the drop out voltage increase probably falls under the noise floor. I can only say 'probably' here though because all that would have to be analyzed as well.
The main point here is that when we talk about drop out voltage, we talk about drop out voltage. That's because we want to know the effects of that aspect of the design alone. This allows us to assess the workings of that part of it all by itself. By doing this we can determine that the above statement about the drop out voltage (probably falls below the noise floor) is true, but if we didn't do that, we would not know that yet. It could have turned out that the drop out voltage was the main problem and everything else was insignificant. After the analysis we find out one way or the other.