[ QUOTE ]
Got it... So pressure altitude is the altitude corrected for the pressure (duh) and if the pressure happens to be 29.92 then it will be true altitude (MSL).
[/ QUOTE ]Maybe. Not sure exactly what you mean by "corrected".
At it's simplest, Pressure Altitude is what your altimeter would say if the sea level pressure were 29.92. Don't try to read too much more into it.
Let's step back a moment. Altitude in general has two purposes in aviation. Obviously, it's how we measure our height off the ground. But it's also used to measure performance. Changes in altitude affect how our engines, propellers, wings, and the whole aircraft perform. As we get higher and higher, the density of the air gets less and less (until we hit outer space). And we want to be able to measure those performance differences.
When we want to measure things, it's usually helpful to start with some kind of standard. A place to start. It could be anywhere. When we measure distance, we use a ruler and start with 0 as our standard. When drug companies test a new drug, they have a control group - a set of people who aren't taking the new drug - to they can compare results.
The standard we use for altitude comparisons is "Pressure Altitude". Someone along the way came up with the concept of a "standard day" also called the "standard datum plane" — 15°C and 29.92" at sea level. They could just as easily come up with 0ºC and 30.00". Don't read too much into it. It's really only a starting point for making other comparisons. A way of measuring other things.
And "true altitude" isn't simply what your altimeter reads when it's set at 29.92 on a day when the sea level pressure is really 29.92. True altitude is your actual height above sea level. Remember that the altimeter doesn't correct for nonstandard temperature? Well, in order for the altimeter to tell you true altitude, the sea level pressure has to be 29.92 =and= the real pressure at your altitude has to be standard for that altitude =and= the sea level temperature has to be 15ºC =and= the real temperature at your altitude has to be standard for your altitude.