The Method of Nearby Problems (MNP), a form of defect correction, is examined as a method for generating exact solutions to partial differential equations and as a discretization error estimator. For generating exact solutions, four-dimensional spline fitting procedures were developed and implemented into a MATLAB code for generating spline fits on structured domains with arbitrary levels of continuity between spline zones. For discretization error estimation, MNP/defect correction only requires a single additional numerical solution on the same grid (as compared to Richardson extrapolation which requires additional numerical solutions on systematically-refined grids). When used for error estimation, it was found that continuity between spline zones was not required. A number of cases were examined including 1D and 2D Burgers' equation, the 2D compressible Euler equations, and the 2D incompressible Navier-Stokes equations. The discretization error estimation results compared favorably to Richardson extrapolation and had the advantage of only requiring a single grid to be generated.