A road without pedestrians and intersections in it should have a speed limit that reflects the reality of its use (70-80)
The point of terryf's example was to point out that for practical reasons, existing laws don't capture every relevant variable. I (but not everyone, it seems) think that visibility obviously influences safety. The point I want to make is that in practice the "precision gap" can't be perfectly rectified by making legality a function of more factors than just speed. There will always be some additional factor that influences the probability of a crash by some small amount -- and some of the largest factors, like individual driving ability, would be objected to on other grounds.
Variable 1: The Cayenne is on a train track
Variable 2: The train behind the Cayenne is going 35mph.
You painted with too broad of a brush with that statement.