GPS is way more useful at equal cost.
I agree with Al. I have a Standard brand of knot meter with the required hole in the bottom of the boat. It was mounted on the starboard side of the hull, forward of the mast. In this location it is very hard to hit from inside the boat. That is a +. It works 75% of the time. This is a -. My handheld gps tells me the speed of the boat, distance covered, elasped time, time to target, makes a map of where I've been and on and on. This is a multiple of +++++. I also can take the gps in the car, take it hunting and "geo catch" with the kids.Speed over ground and distance/time made good is also easy to determine with a gps. All for very close to the same cost.Ray