I have a Caldwell Ballistic Precision Chronograph. This is a brand new device and is hard to get right now - huge demand! It's only $120 from Cabela's and it very reliable in both bright sunlight and very overcast conditions. I have only had one dropped reading out of 260 rounds fired so far.[...snip...]
I hate to say something negative, but if you do buy one of these, make sure that there is an acceptable (to you) returns policy with whomever you buy it from, in case you are not happy with it.
A friend recently bought two of these, one for him and one for me.
Before even using it, being electronics types, we took apart one of the Caldwell chronos to see how it was built and how it works. I was impressed with it as a very good piece of well-engineered cheap (and I mean that in the _good_ sense of the word) electronics product for the retail market.
We mounted both of them together and tested them out at the range (set up so that they would both measure each bullet we shot). We were firing a good rifle with known good ammo, and the speeds indicated by each of these chronos did not make sense. Firstly, they disagreed with each other, and secondly they showed velocity spreads and SDs that were larger than what made sense (based on previous experience, including vertical spread when fired at 900m). We had also set up an acoustical chronograph for reference purposes, and it showed the the ammo speeds were in fact quite repeatable.
The ammo was actually giving SDs of about 10fps, one of the Caldwell chronos gave an SD of 50fps, the other gave an SD of 70fps, and the average speeds indicated by them were both wrong (one showed about 75fps high, the other showed about 150fps high). In my opinion, a chrono is useful for one (or both) of the following: one, to measure an average speed so as to figure out downrange drops, and two, to measure SDs in order to develop a consistent load. In my testing, the Caldwell as purchased was not suitable for either use.
Being electronics types, he actually modified his - he disconnected the optical sensors and replaced it with acoustical sensors (I build electronic targets so this is the sort of stuff I have lying around on my bench... ;-). To our delight not only did it function on the first shot (you should have seen the smile on his face!), but the chronograph then gave consistent accurate and precise readings, which agreed with our acoustical chronograph and which agreed with our downrange POI data. So it seems that the internal timing electronics of the unit work completely fine, but there is some sort of problems with the optical sensors as they were installed in our two units (we are speculating that it is either alignment errors in the optical sensor that allows it to move from shot to shot, or perhaps with the electronics in the optical sense circuitry triggering at a different point for each bullet fired).
My friend had bought them from an American place for about $75 each (don't even ask what he paid for shipping and customs clearance!), and their return policy is such that it would cost him a pile of money to return them, so he's not going to bother. On the other hand, he and I have had fun doing some electronics hacking with chronographs...!