I have been having a heck of a time with solidworks. I couldn't get any equations to work. After many reinstallations and other troubleshooting it worked. But the I didn't have the expected version for hole wizard. SO I managed to change the solidworks data and it worked. EXCEPT now whenever I do a feature the second sketch will not solve. Just instantly turns yellow and offers no help. Any ideas?
This is because it's one of those "sticky settings". Meaning it remembers the last value you entered. Not sure why it would make the diameter of the hole larger, but probably just because it had errors and failed to fully define the sketch properly and got skewed.
So if you create a simple straight hole (not a counterbore hole) with a depth of 0.375", it's fine and no errors. If you then go back to Hole Wizard and create a Counterbore hole, you'll see the depth remains at 0.375" as it remembers the last value you chose.
Essentially you should always verify the settings when adding a hole to ensure the depths are correct instead of leaving the default as it will be the last value you entered.