Roy, to cut things short, why don't you just say SWR meters don't
measure SWR on anything. All they do is indicate whether or not the
transmitter is terminated with its correct load resistance. So they
are quite useful.

They won't even tell you what the load resistance actually is unless
the load is exactly correct.

Stop fooling and confusing yourselves. The solution to everybody's
problems is simple - just change the name of the thing to TLI.
(Transmitter Loading Indicator).
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Reg, G4FGQ