The Rasnik alignment system was developed initially in 1983 for the
monitoring of the alignment of the muon chambers of the L3
Muon Spectrometer at CERN. Since then, the development has continued as
new opto-electronic components become available. Rasnik systems are
3-point optical displacement monitors and their precision ranges from
below nanometers to several micrometers, depending on the design and
requirements of the systems. A result, expressed in the range/precision
ratio of 2 × 106, is presented. According to the
calculations of the Cram&aposer-Rao limit, and by means of
MonteCarlo simulations, a typical Rasnik image should have enough
information to reach deep sub-nanometer precision. This paper is an
overview of the technological developments and achievements since Rasnik
was applied in high energy physics experiments