I'm not exactly thrilled to spend $142 just to find this why this spec is better than some other.
I'm guessing Telecommunications Industry Association: "TIA is accredited by the American National Standards Institute (ANSI) to develop voluntary industry standards for a wide variety of telecommunications products."
The earliest reference I see to RS232 on their site is about 1997. So I'm thinking it would be kind of hard for all those RS232 device made before, say 1975, to conform to TIA-232.
I think I'd be more interested in
The Electronic Industries Association (EIA) standard RS-232-C[1] as of 1969
mentioned here
http://en.wikipedia.org/wiki/Rs232In the end, I think "driving a voltage with a current limit" or "driving a current with a voltage limit" are really just a matter of point of view. The thing to keep in mind is, there is (hopefully) a current limit, so if you exceed it, you don't get the voltage you expect. And it probably is NOT going to act like, say, CMOS, where the farther you get from the voltage, the more current you get--it will probably top out the current fairly soon and stay there.