Originally posted by victormeldrew This is a very commonly quoted misconception. While the circuit is basically a wheatstone bridge, it is in fact biased with a 3uA quiescent current, which is why the 'off' position is off-centre. While at high light levels the difference is small and not really noticeable, at low light levels the voltage difference will move the centre position significantly enough to give a noticeable exposure error.
Meter Modifications For Spotmatic Series Cameras - Pick My Camera This is true and obvious from the circuit diagram. I chose to use more general language in the interest of not muddying the waters regarding practical considerations for battery choice. I say "practical considerations" because light levels low enough to cause this problem are right at the lower edge of coupling limits (essentially low limit for meter sensitivity) for the camera with f/1.4 lens. As the linked article states, the error is on the order of 1/4-1/3 stops.* Most repair techs can tweak/modify the meter to work with modern batteries, but many will ask why bother. That was the conclusion of the article's author and my conclusion as well.
Steve
(...in the interest of full disclosure, Eric calibrated my SPII to use silver cells. The meter on it and my other (non-adjusted) Spotmatic agree and also agree with my Gossen Luna Lux and that is good enough for me...)
* That would be attained by carefully nudging the aperture ring between the f/1.4 and f/2 while conveniently forgetting that the slow speed precision of the shutter below 1/8s is dismal.