The rate-independent Schmid assumption for a metal crystal results in a yield surface that is faceted with sharp corners. Regularized yield surfaces round off the corners and can be convenient in computational implementations. To assess the error by doing so, the coefficients of regularized yield surfaces are calibrated to exactly interpolate certain points on the facets of the perfect Schmid yield surface, while the different stress predictions in the corners are taken as the error estimate. Calibrations are discussed for slip systems commonly activated for bcc and fcc metals. It is found that the quality of calibrations of the ideal rate-independent behavior requires very large yield-surface exponents. However, the rounding of the corners of the yield surface can be regarded as an improved approximation accounting for the instant, thermal strain-rate sensitivity, which is directly related to the yield-surface exponent. Distortion of the crystal yield surface during latent hardening is also discussed, including Bauschinger behavior or pseudo slip systems for twinning, for which the forward and backward of the slip system are distinguished.