I think that the proliferation of digital meters with their umpteen-digit presentation has resulted in lot of people losing track of the difference between precision and accuracy. I've seen some real cheap DMMs (made you-know-where) in which the accuracy on A.C. volts is something like 4% plus 2 counts -- Worse than a good quality analog meter with a conventional d'Arsonval movement -- at least at the upper end of the scale.
I still have a Simpson 260 which I like to use, along with an old Avo 8, not to mention several lesser meters. I also have an old BPL (British Physical Labs) SuperRanger, which with a basic sensitivity of 1000 ohms-per-volt is much less susceptible to "phantom" readings on power work.
