| if things have gone so badly that there is dangerous voltage on the neutral | wire that same voltage will probably be on the ground wire too... referenced | to earth.
You can add extra local grounding and attach it to the grounding wire, creating a solid local reference. You can't do that with the neutral wire.
| are we making an assumption that there are additional loads on the same | circuit as the jacuzzi? | it not a great idea.
Not necessarily on the jacuzzi circuit itself, but how about on the same subpanel. Recall that neutral and ground must be isolated in a subpanel, even in a separate building, so the voltage you are going to see is the voltage drop all the way back to the point of ground reference. Reactive loads can then make it worse.
|> | its usually "safe" enough to touch provided you are not touching HOT at | the |> | same time. |>
|> Define "usually". It must not be safe enough for the code writers that |> decided we now must have a separate ground wire everywhere. |>
| usually: the process of troubleshooting and repairing standard residential | and commercial branch circuits
If it is safe in those circumstances, then that must not be what the code writers had in mind when they started requiring some grounded wiring as early as 1947, and by now require it everywhere.
|> No voltage between the neutral wire and the ground? |>
| nope... assuming all is well at the main panal.its 'cold'.
How about a load imbalance in a subpanel?
| i'd classify it more as a nuisance than a hazard... you can work all day | with bare hands on active 6 V 12 V or 24 Vac circuits and never feel a | thing.
You may be numb to it. I can feel it. And it could kill someone with a pacemaker.
|> Then when something does go wrong, it only takes one such thing to put |> the full voltage on the neutral. |>
| | and then if all goes well the breaker trips or the fuse blows
If the ground fault is on the neutral circuit, it can still leak over
2ma to 6ma of current over that path. That would trip the breaker. But the neutral path would still be connected, and the fault current still flowing. Depending on the breaker mechanism design, you could even end up with continuous trip solenoid energization, heating up, and (because it is probably not designed for 100% continuous duty) overheating and burning up, melting the breaker case, and causing an even greater fault.