I know of children who have been close to DKA and still had good BG's - but really high ketones +++. Obviously I know you can have starvation ketones - but when the ketone levels are high you shouldnt delay getting treatment.
Yes, I should have perhaps included a few more caveats in my original post. I certainly wouldn't want to comment on ketone levels in children as that's well beyond my realm of experience and the margin for error is far smaller. It's also worth pointing out that T1s in general should be careful when considering ketone levels.
However I do still think it's worth asserting that high ketones that are easily attributable to benign causes should not be a cause for concern. For instance, I know that if I have a few days where I eat very low carb (under 50g) and a lot of fat, my ketone levels will be significantly elevated while my BGs are normal. However, because I don't go into DKA on my basal insulin, I know these ketones are simply the result of me metabolising the fat I'm eating and so I'm not concerned. If I was showing high ketones and was either a)eating a higher carb diet or b)less certain about my basal matching, I'd be more concerned.
Ketones are like smoke. They tell you something is burning. Ketone levels can't, however, tell you whether it's a BBQ (ketosis) or someone burning down your house (DKA). More info is needed, and this will involve weighing up what is more likely depending on type of diabetes, diet, BG levels and a variety of other factors.
For T2s - my experience is again insufficient but I believe HONK only occurs when ketones are high and BGs are REALLY high, ie in 30s or more. Therefore I would have thought a T2 with ketones but normal BGs has nothing to worry about.