Originally posted by DeadJohn You could rig up a battery tester with a resistor or light bulb. Start with a fully charged battery, connect your test rig, measure how long it takes to discharge the battery. There's a risk of shorting the battery and ruining it if you do things wrong.
I'm working on it!
At the moment, I am measuring voltage versus time for
charging a D-LI90 (genuine Pentax, but around 6 years old). I haven't tried measuring the charging current. I made a special holder which gives me access to the battery terminals while charging.
When the Pentax charger thinks it is fully charged, I'll measure the discharge versus time using a resistor. By monitoring the voltage across the resistor, I will also get the discharge current current as a function of time. I contemplate discharging at around 0.1 C . As noted by folks above, this is not quite the same as normal camera usage, which tends to make fairly heavy but quite intermittent current demands. But, I should still have a feel for behavior of a rather old battery. If there are some wacky results, I can also test against a newer (but still ~3 year old) Pentax battery.
I'm not too worried about wearing out the battery - various reputable places on the web suggest thousands of charge/discharge cycles for Li batteries. Look at the last plot in this presentation:
Battery Performance Characteristics - How to specify and test a battery (an overall good discussion of some of the issues in this thread)
Correction: it's the 3-year old battery that is currently under test. The 6-year was already fully charged. I'll measure the discharge curve for it, too.