Consider that one of the principal partners of IEC is the WTO. Are the standards more about trade restrictions and bureaucracy than safety?
"... shall operate as intended ..." As a designer, we know MOVs have a limited life like all parts. They can fail in a not so nice way. I would say this is intended operation.
Maybe ask your TUV safety inspector their take on it. See if you can nail them down.... Use the word "safe" a lot too!
Again, my goal is not to debate a spec that is filled with holes.
As for how products are used, I would never underestimate man's ability to do stupid things, myself included!
If you're dealing with inductive loads you may also encounter spikes. Even a little DC relay can generate 300v spikes.
I agree that while I am using the IEC standards as a guideline for my waveforms, there is nothing in those standards about the countless transients you can see when working even on low voltage. If you ever used the old door bell as a transient generator, you know where I am coming from. Testing the meters this way does not mean that they would withstand all of the conditions you can come up with. It may however indicate what companies have considered protecting their designs for such events. Would I buy or recommend a meter than lives or one that fails? If it were to a novice, I would suggest the most bullet proof meter I could find. If they wanted more features and a less robust meter down the road, so be it.
One thing this testing has shown me is that as a novice, you could buy a very robust meter for under $50!
The meters I have are all being tested the same. Not having it automated, and every meter being different, there are a few things that change and this is why I left the entire tests in the video. It's not there because it is so exciting to watch, it there if someone were to question what had been done. So not a lot of drama or fluff but at least it may provide people with some sort of real world testing to help them make a decision when it comes time for them to purchase a meter.

Time to start thinking about what to do with so many non-functional meters.......
Buy/Sell/Wanted. DMMs like new little used. 
Are you making an offer??!!
I am sorry to say that I have been unable to declare a winner.
Can you ramp it up any higher? Keep going until one of them breaks.
This has always been the plan. Don't underestimate my ability to break things!

Yea, I can ramp it up alright! The key has been to make small changes. Otherwise, they may have all failed at once and we would not really learn anything from the experiment.
So stay tuned!
Now, I realize Joe is testing these to see which meter can take his abuse the best. But, I don't think any of us should expect a meter to see an 4kV spike (or survive one) when doing a diode test.
As far as the current testing is concerned, I would expect the next meter I purchase to handle at least a 4KV spike in diode test. I am way beyond that now and a few meters are still fine...
I can believe that manufactures would make arguments like this to side step the fact that their products are not as robust as a competitors. This makes no difference to me. The testing continues.....
Have you tested the Fluke 101 yet?
Both Danaher meters are in good hands....
Sorry for the long post. The moment you have all been waiting for... The SEMI FINALS!!!!