I just bought one of these so I can cook more often with extra virgin olive oil without approaching the smoke point. At $19 for an IR thermometer, they should probably be in every kitchen next to the probe thermometer.
After a while you'll get used to your individual pans and how they transfer heat, to the point that you don't need to think about how to adjust the heat any more. Likewise watching the food itself will eventually tell you most of what you need to know about when it's done.