In the last two decades several NC algorithms for solving basic linear alge
braic problems have appeared in the literature. This interest was clearly m
otivated by the emergence of a parallel computing technology and by the wid
e applicability of matrix computations. The traditionally adopted computati
on model, however, ignores the arithmetic aspects of the applications, and
no analysis is currently available demonstrating the concrete feasibility o
f many of the known fast methods. In this paper we give strong evidence to
the contrary, on the sole basis of the issue of robustness, indicating that
some theoretically brilliant solutions fail the severe test of the "Engine
ering of Algorithms." We perform a comparative analysis of several well-kno
wn numerical matrix inversion algorithms under both fixed- and variable-pre
cision models of arithmetic. We show that, for most methods investigated, a
typical input leads to poor numerical performance, and that in the exact-a
rithmetic setting no benefit derives from conditions usually deemed favorab
le in standard scientific computing. Under these circumstances, the only al
gorithm admitting sufficiently accurate NC implementations is Newton's iter
ative method, and the word size required to guarantee worst-case correctnes
s appears to be the critical complexity measure. Our analysis also accounts
for the observed instability of the considered superfast methods when impl
emented with the same floating-point arithmetic that is perfectly adequate
for the fixed-precision approach.