I didn't come out of either class with those expectations.
Comprehend the risks involved from reading a book and listening to an instructor? yes.
Recognize as in having a finely tuned snafuometer, no. I completed my OW with an understanding that I had a learners permit to gain further experience and training and a healthy dose of respect that diver error causes the most incidents, especially in the first year. Immediately after OW, I went on vacation to Jamaica and knew I didnt feel comfortable in a new environment, in rental gear, with instabuddies, so I signed up be with an instructor and by 9 dives total I got my AOW cert, woohoo
I saw a lot of crazy stuff happen to divers on that trip and my snafuometer probably graduated in accuracy to just below dumb ass level.
All that was in the Caribbean, but I was hooked, knew I wanted to dive year round and went home to Virginia, bought a 7mm wetsuit, rented some gear, threw myself in Millbrook Quarry. If not for my online instabuddy who had been to that location before, probably would have hurt myself. I decided this dark cold water diving was another beast, but I was not giving up so I signed up for a Peak Performance Buoyancy class because I didnt know a single local diver and I obviously had not mastered my buoyancy in my last 2 dives with the thicker wetsuit. I then joined the Richmond Dive club, met some great buddies, relocated to PA, met some more great dive buddies, mentored even newer divers than myself, took classes and dived my butt off in many different environments. The more underwater shenanigans I saw and experienced, the more I was able to anticipate/prevent/resolve issues.
Sorry so long, but I guess my point is, I didnt expect any outside source to mind meld all the diving knowledge and experience into me, the certs actually meant nothing, what I did with them is what mattered. I consider myself a continuing learner in the dive world, the more I learn, the more I realize that I still dont know what I dont know.