I meant as in infinitesimal, not as in machine epsilon (which lacks the required properties) -- poor wording on my part. If you have numbers of impossibly large magnitude you probably also want corresponding numbers of impossibly small magnitude. You can do this in a nice, algebraically satisfying way with infinitely many such numbers (hyperreals), but I think if it weren't for the signless zero and positive zero conflation, IEEE754's way would be quite a reasonable finite precision approximation to this.