I've never read anything bad about them. Having the 1/2 degree spot is an attractive feature, and from I've read, the range it can measure is greater than most of today's meters. That in itself is a boon for lower light levels, allowing one to shoot later into the evening. I like that it's sturdy and easy enough to hold on to while working, given the barrel shape. Unfortunately, even a broken one runs $300 when you can find it.
Originally Posted by silveror0
Using my Starlite 2 is sweet, though. I use a process similar to what you mentioned to figure out the luminance values for my notes. Set at f/8, ISO 64, and the reciprocal of the shutter is my luminance, as you said. Once I know that, the math is simple enough.