Originally posted by: FrankSchwab
We build small devices for the PC market where power is a premium. Our die has three on-board regulators each generating 1.2V from a regulated 3.3V input which comes from a 5V USB cable. For each of those voltages, we need to know the current draw in a range of up to about 30 milliamps with a resolution of about 10 microamps. Our solution? Most engineers have 6 or 8 of these meters mounted on a small rack each measuring a different parameter - and they work marvelously. When we ESD test our product, we don't put a $150 Fluke in line to measure current draw; we put a $3 HF unit inline and we've never blown one up (even testing up to 30KV). We've probably bought 100 of these meters over the last several years for various engineering activities. Heck, when the 9V battery in them dies, it's more expensive to replace the battery than the meter!
These units are remarkably accurate (for a $3 meter). The hardware engineers characterizing our silicon use these meters most of the time; there are occasions when a measurement requires a higher quality meter, and they use them then. But those occasions are much rarer than you might think. They have certainly proven their worth.