It is always interesting to talk about setup and hold!! Don’t think that if anybody asks questions related to setup time and hold time, he or she doesn’t know about setup and hold. He or she may know everything about setup time and hold time, time being it confuses. The term “setup” and “hold” is such a word in this VLSI – ASIC design world which only creates continuous questions, hard to explain in words, at least i myself is concerned! I remember, during my MTech days my professor used to say always "whole VLSI world is depending on two pillars, setup time and hold time". It would be more realistic if i say that he used to scold us !!