I feel the DOF concept isn't overly complex, especially if you separate the optical and the imaging/viewing part.
Optical results in CoC's on the sensor/film, imaging/viewing in a CoC limt, that decides which CoC's fall within DOF.
That's the gist of the "Back to the basics" post above. I'm interested in comments pro or contra this post to see if I have to change something in my reasoning
In practice you may be interested in
this concept. It's a bit different from the hyperfocal focussing thing: focus on the background and stop down as needed to resolve foreground objects. useable for landscapes etc.
Problem with the DOF preview button to me is the small size of the LCD screen. Allmost everything seems to be sharp on that screen (or in the viewfinder, but then everyhing turns allmost dark when stopping down.