Why conduit? Paranoia. I know I'll never have a problem with the wiring. I seen a few outbuildings burn down, and electrical issues are high on the list of why.
I've also kept all wiring, including the outside lights, so that they are not attached to the metal skin of the building. There is a ground rod that attaches to the skin on the outside. Of course, there is the ground rod (a different one) required by code for the AC, along with the separate ground that ties back into the house and it's ground system (a #2 ring around the house). The rebar for the floor is also bonded to ground. Now all bets are off when dealing with lighting, but, if the building is struck there's a good bet that it will stay on the outside of the building and the majority of the energy will find it's way the outside ground point. There's a good chance it won't use the wiring of the building as ground (and therefore not "invite" the bolt into the house). I've done a hypot test on the conduit, it's good to at least 10KV (highest I can measure with my equipment). I do have surge suppressors at the outbuilding and inside the house. Hopefully they can handle whatever remaining energy gets into the wiring (if it does).
powerpace, I agree you can do a great job without conduit. Did the wiring on my house, it's all romex no conduit except for the same cases you cite. I can only claim safety paranoia as my excuse. So yeah it's way overbuilt. As for way expensive, the 3/4" stick is cheap at a buck for 10 feet, it's the fittings that are bad - about $1.50 to turn a corner, $5 for the LBs or box that holds a switch or outlet. But I'm still at less than $220 for the conduit part of the wiring that could have been done with Romex. This does not count the 2.5" run you see coming out of the box- that's for another future project. It is more of a time cost, which is both free and the most expensive part of the job since I did it myself. I put the total cost of the electrical at about $1500 and most of that cost is driven by the desire to have a 100 amp sub panel in the building. The #2 wire, 100 amp panel, 2'x2' boxes (both in the garage and in the house), the 100 amp breaker was $50, and conduit in the house to the panel. There was also an additional $110 or so when originally building the house to put a 3" conduit into the area where I thought I would want a tractor garage some day. Not part of the electrical, but I also have a 3" drain PVC for low voltage and water. Without that, this project would have been a nightmare. Note to anyone building a house: Put some conduit stubs out 20-30 feet from some outside walls and measure carefully where they end

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You're 48x48 barn/shop/bunkhouse sounds wonderful

. I know bigger is better, I just had to size and price this garage for my needs.
Pete