There's a number of us who use this kind of data for building back country cycling routes, and while it's great guidance, there's both the problem with roads being listed that are no longer passable (nor often even visible at ground level), or other routes available that don't exist.
Of course, this gets back to the way much of the data is crowd sourced... And we're working on that. :)
For an interesting example, check out this place: Google: https://www.google.com/maps/@46.4133003,-87.5248774,5345m/da... OSM: https://www.openstreetmap.org/#map=14/46.4161/-87.5406
Neither has the actual current lake boundaries (as used as a retention pond), Google has roads where the lake is while OSM doesn't, etc.
https://elevation.nationalmap.gov/arcgis/rest/services/3DEPE...
It's listed as a Theme Overlay at https://viewer.nationalmap.gov/services/
*in the US - it's a TIGER-specific thing (and certainly not exclusive to OSM). It doesn't affect the rest of the world.
Interested to learn what you're doing with cycling routes - I've been working on improving cycling directions in the US (for my site, cycle.travel) for a few years.
For cycling stuff I'm mostly ensuring that mountain bike-specific trails are in OSM and properly tagged (eg: highway=path and NOT highway=cycleway as some are wont to do), with appropriate intersection markers, names, etc.
My goal is to ensure that these trails are in OSM so they'll flow down to Garmin, Trailforks, Mapbox / Strava, etc. I also use the OSM data, exported to vectors, to make PDF maps to support the local trail advocacy/building org that I'm part of.
As examples, check out my edit history: https://www.openstreetmap.org/user/c0nsumer/history#map=7/44...
Here's examples of the print maps I've made. Versions of these hang at many trailheads in southeast Michigan:
1: http://www.cramba.org/storage/maps/stonycreek/CRAMBA_Stony_C...
2: http://www.cramba.org/storage/maps/pontiaclake/CRAMBA_Pontia...
3: http://www.cramba.org/storage/maps/riverbends/CRAMBA_River_B...
Print maps are made using osm2ai.pl to get the routes into Adobe Illustrator (AI) format. I then stylize things there. I know I could use GIS software, but QGIS is a pain to get things looking the way I want (similar to Michigan DNR maps) and ArcGIS is too expensive for unpaid volunteer work. It's also way more hand-off-able in AI format; I can send the files to any graphic designer and they can keep-on with it. GIS software requires far more specialized knowledge.
Just one example is that an Apple store in Sweden was set to accept cash. Just for fun I called them up and asked if they take cash and they laughed at me.
It seemed to me that someone had automated input for businesses without actually verifying their data.
If you had to rely on OSM data to get around, your best bet would be to live and work in northeast London, within the circular.
I use https://github.com/westnordost/StreetComplete for doing this so I don't have to make the investment to learn the technical details of tags.
When I travel to a place where OSM could need improvement I make sure that at least the hotel I will be staying at, nearby restaurants, bars and museums, etc are correctly tagged with phone numbers, opening hours etc. It is not much work and it gives me an opportunity to decide what I want to do before I leave.
When I get there I then have everything ready offline in OsmAnd. In a way I just update OSM instead of adding my own bookmarks/favorites.
But, my personal perspective was a little different. It's more like: I want to use OSM, and get others to use OSM instead of proprietary mapping solutions like Google's, for moral reasons. In that context, being able to make sure my friends can always get to my house using OSM is a great boon.
I realize I didn't share that perspective in my original post, which is probably the source of the confusion here.
If you have an Android phone - I want to plug StreetComplete app here. I never mapped opening hours before I started using it.
It asks simple questions, there is no requirement to learn anything OSM specific.
Registration at OSM website is probably the biggest hurdle.
(disclaimer: I am one of contributors to that project)
Also, for a long time now each changeset can be discussed. [1]
I have a hunch you may be from a country where the community has not took up too much [2]. These tend to have more dubious data.
[1] https://blog.openstreetmap.org/2014/11/02/introducing-change...
[2] https://osmstats.neis-one.org/?item=countries
[3] https://goo.gl/maps/knpT8eRR4YhB6Sm86 - look at the shopping mall in satellite and map view