Power supplies supply power at different voltages. The main ones are +3.3V, +5V and +12V. Most of the power your PC uses is +12V. In modern units, there's only one main output, +12V, and the lesser voltages are then converted from that rail, but each voltage output still fluctuates separately from the others.
According to the
ATX specification, power supplies have to regulate these voltage outputs to +/- 5% of the nominal value, e.g. for the +12V output, the actual voltage can be anywhere from 11.4V to 12.6V in order to be officially "within spec". However, since 5% is the upper limit, it makes sense to prefer units that are more stable than absolutely required. Some units are capable of near perfect regulation of about 1%, but I would personally consider +/- 3% regulation to be top notch.
Looking at the
Techpowerup review of the 750-M unit, it is capable of 1.78% regulation on the +12V output, 3.3% on the +5V, and 4.24% on the +3.3V. The 3.3V number is indeed a bit high, but since it's a minor rail and still within the limits of the ATX spec, it's fine. EDIT: I don't quite get how Techpowerup gets these numbers though. If you look at the graphs and chart under them, the regulations seems to be much tighter than what I said above, which is more in line with what I'd expect from a Superflower built unit.