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BB said:
The shunt resistor method is probably more accurate if you only have one DVM and you are using a voltage source (as opposed to a current source). At low currents, most meters have a relatively high internal resistance--and if you set up the current and then remove the meter--the actual current will probably change in your circuit--thereby changing your Vf measuring point.
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While it's true that measuring the actual current at the time you measure Vf is the most accurate, the 'relatively high resistance' part is not. At least not on high current ranges (like we're using here).
The ten amp range on common DMMs is actually *much* smaller than the .1 ohm suggested above (the internal shunt is .01 ohms), there's no doubt more resistance in leads and other connections. I know the 'conventional wisdom' here at CPF is different, but the facts are the internal resistance is very low (it has to be, or power dissapation would cause serious problems).
Still, any flahlight junkie worth his salt should have several $3 meters about by now, why not leave one in circuit and use a second to measure Vf?
FWIW, Vf doesn't really change all that much for (small) changes in temperature. .002 Volt drop per degree C rise is a typical number. Given a modest rise (say a few dozen degrees), the change in Vf isn't all that large. Provided you're not living over the edge (ie 'Direct Drive') chances of thermal run away are fairly small. For a true current regulator there is no change in current (and therefore no risk), and even a fairly modest resistored system is fairly safe. It's the fixed voltage (or DD) guys that are at risk.
Doug Owen