A 30A breaker (on the dryer circuit) will trip in case of short circuit, and it is sufficient to protect wiring if the short circuit is high enough for tripping. The dangers remaining are :
1. A short circuit that is not high enough to trip the breaker, so can keep going for some time (even if only seconds). It takes 300A+ to trip a 30A breaker immediately by electromagnet, anything below that will last for as long as it takes the breaker to trip by heating bimetal strip - that is single seconds in high currents, up to minutes or hours in just a light overload
2. When messing with the powered circuit directly, and making some short circuit accidentally, if the available short circuit current is high it can make a small explosion (in high power industrial equipment it can be big one too). If you are too close to it you can get injured. The breaker (or a fuse) does not limit the peak current of the short circuit, it only determines the time the short circuit condition will last, so only partially determines the possible size of the arc
By using a lower rated (5A 10A 15A) breaker or fuse for the setup you lower the current that it takes to remove power immediately. Small fuses tend to react especially fast
But you have to check the breaker / fuse's interruption capacity. That is the highest short circuit curent it can handle safely, without the breaker being damaged from the arc, fuse exploding etc. The capacity is stated in the datasheet and can go from mere 10A..30A for a small glass fuse (which is not meant for anything besides electronics) to 1000's A for larger sand-filled ceramic fuse. For breakers the capacity is stated on the breaker and is normally in the 1000's A range
The breaker / fuse's capacity have to be sufficient to protect from the max short circuit current expected in the circuit, and that does NOT depend on upstream breakers
The actual short circuit current is set by the circuit impedance i.e. the transformer and the wiring all the way to the receptacle. The location of the short circuit in the system determine the size of arc
A related thing : The location in the system also determines the expected value of surge. Same as expected value of short circuit current, the value goes down the "deeper" you are into the home, on longer circuits with thinner conductors. This is the base of multimeter measurement safety classification - what happens if a surge happens while you measure something, with the multimeter and test leads in your hand. The multimeter have to be built to isolate the possible surge
Worth reading :
http://media.fluke.com/documents/6002399-0000-eng-a-w.pdfIf we compare our experimetns to the measurement classes, we would like to make our experiments in the class II area. The dryer socket can be sometimes class III
Transformer impedance is extremely low and can be ignored, the most part come from the wiring and that can be calculated :
Ignore anything up to the panel, that is usually made of very thick wire anyway, and the transformer in the US is often right outside of the house so the service drop is short and its impedance is low
Lets say the way from the panel to the dryer socket is 10ft. As the short circuit takes the path in both directions, the actual length of the current path is double that - 20ft = 6 meters. The cable all the way is 10AWG = 5.25mm^2
Copper resistance is about 0.0168 ohm for 1m long section of 1mm^2 area
0.0168 * 6 / 5.26 ~ 0.019 ohm
240V / 0.019 ohm = 13000A
That is still high. Lets see what it takes to drop that to the order of 1000..1500A
240V / 1500A = 0.16 ohm
We want to add 0.14 ohm to the circuit. Lets say we use long 14AWG - 2.08mm^2 extension cable (through which both Phases go) from the socket to the test setup, and that will add impedance
2.08 * 0.14 / 0.0168 = 17.3 meters = 57 ft
as 57ft is the length of 2 conductors, the length of cable required is 28ft
That indeed is about the distance specified in that PDF file (table in bottom of 1st page, class II is 30 ft from class III)
One more thing, a GFCI will not hurt either. If you cannot find a US GFCI for 240V, use an European one (here its called RCD), with trip current of no more than 30mA. a 3 phase 30mA RCD can be converted into a 1 phase 15mA RCD by connecting its poles in series pairs (in the same direction)