LordEdmond Your Idea is Flawed,
Not ment to flame but.....
Volt and Ohms (resistance) are absolute, they are easyly measureible like amps (current)
Wattage is a little trickier, Basically Wattage is power (like newton on the mechanical side)
There is no easy way to measure watts because it is a measure of power used, Volts are potential, current is draw or movement of said potential, Resistance is that that comsumes the amperage. Wattage takes in to account all of these things. Now the fun part. By checking the meter outside your house you will see the useage.
This is kinda difficult to explain, but I will try, Usage is different than rating, Lets say you have a 300W P/S, Your current config is using 250W. That is what you would read, 250W the power supply only produces what it needs. Now Your 300W rating is Under "Typical" conditions, It is a AC/DC Converter It should Give out 300W under normal conditions. many things can effect this (temp, humidity, power level input and Quality) also noisey power can make a DC converter run "WIERD" As for power Quality and level Your wall provides 110 VAC @ 60 HZ this can vary by +/- 5 volt and +/- 7 HZ. this would add more strain. So how do you test your power supply, check you voltages ( ASUS MB's Have a nice little prog for this) If they stay pretty stable you should be ok if they spike (up or DOWN) it is a good indication that your PS cannot hadle the load. The only time you should worry about the WATTAGE is when you buy the PS always get a good 300W+ if you plan on OCing or even hust gaming I would suggest using a 325W if you want to be safe. look at the fan keep you case cool. I know alot of people here talk up the PS but it should really no be an issue once you get it.
And for all you engineers ready to slame me I was drunk through ELECTRONICS SCHOOL and haven't used my theory in QUITE some time.