Luxdot said:
So what would happen if the angle is decreased? I.e. smaller than the correct one for that latitude?
I'm assuming you're asking about the vertical angle above the horizontal plane.
If that angle doesn't match the latitude, unnecessary errors will be introduced in different seasons. If the angle is wrong, and you trace out the hour lines in the spring or fall, they'll be a little in error in the summer (either too "squished up" up or too spread out) and in error in the other direction in the winter. If you want to minimize this seasonal error, ensure the vertical angle matches the latitude.
[Edit: and if you have the option, you should trace out the hour lines based on your latitude.]
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There will still be other sources of error such as time zone considerations, Daylight Saving Time (if that applies in your location), and the fact that Earth's orbit around the sun is not perfectly circular.
That last one is the curious one. A century or so ago, the errors caused by Earth's orbit being slightly elliptical wouldn't be errors at all. The sundial was the "correct" timepiece. If a clock said differently it was the clock's fault. The clock was in error. The sun's position in the sky was the correct source of time.
Things have changed since then, but the change happened not too long ago. On the grand scheme of human history, it was only quite recently that we changed paradigms, and started using [non-solar based] clocks to keep official time.