The Ideal 61-702 clamp meter is a affordable, durable multimeter which make it a very nice choice for a electrician or handyman. Is costs about $135 plus tax at Home Depot. I have seen them go for as little as $20 plus shipping on Ebay.

Before I get started let me tell you I have worked in the electronics industry for about 20 years. I have used Fluke, Greenlee, and many other brands of DMMs.

The meter has-

200 amp AC current capability. Plenty for all but commercial use.
Dc Voltage to 1000 V
Ac Voltage to 750 V
Ohms in 200 ohm and 200K range. This is a bit limited but good enough for most jobs.
Diode test / Audible continuity
Capacitance test to 200 uF. A nice to have feature which was not common on meters until a few years ago.
Non contact voltage. Very handy
Data Hold

This little meter has a nice ergonmic shape, fits nice in your hand. The controls are simple and easy to use. The meter can indicate "dirty" power which is nice feature to have when chasing a loose connection. The display is a basic 2000 count LCD but the unit does have a little motor in it that shakes and a light that comes on when you connect high voltage. The non contact voltage check is not your run of the mill, blinking light when you place a hot wire a half inch from it, this meter has a speaker in it that hums in varying intensity as you get closer to the hot wire. The accuracy is excellent on all ranges.

The supplied leads are a bit short at two feet, but you can get a three foot set anywhere. The nylon case is nice, is has a belt loop in it. The unit has no backlight, but the 61-704 does, you should not be testing in the dark anyway. The durability is great, able to withstand a six foot drop onto concrete.

Overall I'd give this meter a 8 on a scale of 0-10. The display lacks the quick responding bargraph function you see on upper end meters, the resistance ranges are limited but good enough, no Dc current capability which is typical on clamp meters, but makes up for the weaknesses in affordablity and other features.