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It seems accurate, the power level indicated for my computer was within 1 watt of the readout from my installed Zalman device.
Cons: The LCD screen has a limited viewing angle, which can be impractical for a permanent installation. Imagine having to get on your hands and knees to read the output when it's plugged into a typical household A/C outlet. As a workaround I plugged it into a grounded extension cord, and plugged in my power strip to it
Other Thoughts: Plug a power strip into this, and you will see what everything draws, as you power each of them up.
Newegg partner Antonline sure took their time on the processing & shipping. Don't be in a hurry for their free delivery.