Meintsi pretty much hit it right on the nose. I've had the pleasure of running a few (a few too many) bubble point tests myself. Bubble point testing is probably the most valuable non-destructive quality release criteria used to test membrane cartridges. The bubble point curve is correlated to data obtained most often by particle size or bacterial retention. Many pharmacuetical companies use a bubble point tester to integrity test their cartridges prior to use, just as an added insurance. It gets real expensive when a filter fails.
To answer tc7 question, if you find the beta ratio and you are comfortable that you have a repeatable product coming in your door, a bubble point test will not serve you necessarily well. It really depends on your application and the sensitivity of your application. Neither a bubble point test nor any standardized test will model your application.
Sorry to say there are not a lot of easy access filtration resources out there. There are a few rather expensive filtration text books on amazon.com. Since working in the filtration market, I've learned that too much about filtration is unknown to filter users. Because of this, I'm actually in the process of pitching a filtration technologies curriculum to a local college.
ChemE, M.E. EIT
"The only constant in life is change." -Bruce Lee