I have exceptions created for every condition that my application does not expect. UserNameNotValidException
, PasswordNotCorrectException
etc.
I agree with japollock way up there--throw an acception when you are uncertain about the outcome of an operation. Calls to APIs, accessing filesystems, database calls, etc. Anytime you are moving past the "boundaries" of your programming languages.
I'd like to add, feel free to throw a standard exception. Unless you are going to do something "different" (ignore, email, log, show that twitter whale picture thingy, etc), then don't bother with custom exceptions.