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This article honours Adele Miccio's life work by reflecting on the utility of phonetic transcription. The first section reviews the literature on cases where children whose speech appears to neutralize a contrast in the adult language are found on closer examination to produce a contrast ("covert contrast"). This study presents evidence from a new series of perception studies that covert contrast may be far more prevalent in children's speech than existing studies would suggest. The second section presents the results of a new study designed to examine whether naive listeners' perception of children's /s/ and /[theta]/ productions can be changed experimentally when they are led to believe that the children who produced the sounds were older or younger. Here, it is shown that, under the right circumstances, adults report more tokens of /[theta]/ to be accurate productions of /s/ when they believe a talker to be an older child than when they believe the talker to be younger. This finding suggests that auditory information alone cannot be the sole basis for judging the accuracy of a sound. The final section presents recommendations for supplementing phonetic transcription with other measures, to gain a fuller picture of children's production abilities. (Contains 2 tables and 3 figures.)