I am following the v1.2 tutorial with GCP instructions. I've also run the Lens program to obtain camera calibration parameters.
PS reports an "Error (m)" for both my cameras and for my markers (GCPs). I'm trying to understand what these values represent and how PS calculates these values.
My GCPs were obtained using a very nice Trimble GPS and, after post-processing, the Trimble software reports and error for these GCPS in the range of 5-15 cm. So I feel pretty good about the accuracy of these locations.
Imagery comes from a camera flown on a small quadcopter. My camera locations are based on instantaneous GPS positions logged for each photo using the internal GPS in my Canon S100 camera. So I realize that these locations have a fair amount of error; probably 10 m or more.