This is *not* from Deal Extreme
I've had this for a few weeks now and it is magic. Measures everything, accurate (as far as I can tell - claims 0.025% basic DC) and feels very solid - great to hold. It can substitute for a bench-top DMM or a general purpose fault finding hand held - you can switch the resolution down from a 40,000 count to a 4,000 count for faster results - which is great for trouble shooting.
I haven't tried the usb - pc interface and software yet.
It came with an external lead to measure mains power - but with euro fittings.
OK that's my last product endorsement for the month.