A few weeks ago somebody asked for a cheap alternative knotmeter. Someone mentioned a KnotStick - (speed is gauged by pulling a weighted disk). I looked at the website and decided to buy one. The price was very good and if it didn't work I wasn't losing much. I have used it twice in great sailing weather and I must admit it is great to have something to guage speed. I am not sure how acurate it is. I have an O'Day 25 and close-hauled I was "doing" between 5-6.5 knots in 12-15mph wind gusting to 20mph. The only downside is the line pulling the disk extends about 20 feet behind the boat - looks like I am fishing.