I received this the next day by UPS after ordering - Revzilla is in Philly.
Nice little piece and I didn't realize that it is actually made by Battery Tender (Deltran). (Actually it is $11.95 on their site.) I think it will be a winner for them.
Today I took it in to work and hooked up the test equipment. The voltmeter is right on the money for accuracy. The 3 LEDs come on and change when they say they should: Green >12v, yellow 11.6-12v, and flashing red <11.5v. The specs say it will read from 3-16 volts. Not that it matters much at all, but I found it to be very inaccurate below 4V. I did not go above 16.5V - scared to burn up my new gadget.
The unit turns on when it is powered up or when the button is pressed. Normally it turns off after about 20 seconds. But it is not completely off. I was thinking of leaving it connected so was concerned about the current draw in the "sleep" mode. It is only 15 uA (microamps) so it could be left connected. However, if the battery voltage is below 11.5V when in the sleep mode, the red LED still flashes once per second, causing the battery to drain a little faster! Strange that they do that. The green and yellow LEDS are turned off in sleep mode.
This is made to measure battery voltage and connects to the pigtail from the battery which would normally be used for connecting a Battery Tender charger. If you don't have a Battery Tender charger already then you need to buy the pigtail cable.
So dat's da story. Sure you can do basically the same thing with a $4.95 Harbor Freight DVM but not quite as conveniently.
Russ