Shooting small groups at 100 yards DOES mean something. It means the rifle and shooter are capable of at least that moa. Wind doesn't effect it as much at 100 yards and helps the shooter see their mistakes. Accomplished shooters may not need this confidence building, some do. Be reasonable, 1 moa is ok, especially at range. Sure 1/2 or smaller is better, and may be needed depending on the target size. It is always good to check your setup at range, this is necessary too, but it is testing more than just the rifles capability. As far as things go, I have never seen a 1/2 moa rifle, shooter and load at 1000 yards, turn into 1 moa at 100 yards, everthing being equal. And I can't say it would be likely to see a consistent 1 moa shooter and rifle at 100 yards, shoot 1/2 moa consistently 1000 yards either.