I have defined macros to produce resizable brackets that also work across line breaks.
This necessitated the use of and additional set of \left. and \right. which add a bit of horizontal space.
Now, when I attempt to remove the additional space by computing its size \settowidth{\KernAmount}{$\left.\right.$}, I find I need to add a 17% fudge factor to get things to be close, so obviously I am not doing this computation correctly.
\newdimen{\KernAmount}%
\newcommand*{\BracKern}{%
\settowidth{\KernAmount}{$\left.\right.$}%
\kern-1.17\KernAmount%
}%
Below is the comparison of the output with the normal \left...\right and that of the \bracc with the \kern with the 17% adjustment applied:

Question:
What is the proper method to adjust for the additional horizontal spacing resulting from the \left., \right.?
Code:
\documentclass{article}
\usepackage{amsmath}
\usepackage{showframe}
\newdimen{\KernAmount}%
\newcommand*{\BracKern}{%
\settowidth{\KernAmount}{$\left.\right.$}%
\kern-1.17\KernAmount%
}%
\makeatletter
\newcommand{@Brac}[3]{% #1,#3 = left/right bracket type
\ensuremath{%
\left#1\vphantom{#2}\right.% left bracket
\BracKern%
#2% content
\BracKern%
\left.\vphantom{#2}\right#3% right bracket
}%
}%
\newcommand{\bracr}[1]{@Brac{(}{#1}{)}}% round brackets
\newcommand{\bracc}[1]{@Brac{{}{#1}{}}}% curly bracktes
\makeatother
\begin{document}
\noindent
Comparrison of using \verb|\left{ ...\right}| and \verb|\bracc{}|:
\begin{align}
\left{x = \frac{1}{2} \right}\
\bracc{x = \frac{1}{2} }
\end{align}
%
As we can see in the following, the \verb|\bracr| wraps around lines:
$\bracr{x^{-1} + x^{-2} + x^{-3} +x^{-4} + x^{-5} + \cdots }$
\end{document}
\nulldelimiterspace? – Werner May 01 '12 at 21:31\right.\kern-\nulldelimiterspaceshould do (also with\left). – egreg May 01 '12 at 22:07