Well, that's news to me. I've had mine for several years, and even had it recalibrated when I went with bigger injectors and had no problems whatsoever.
Who did you talk to? Did he try to push another meter on you? As far as distance from the throttle body..what the heck does that mean? It will sit in basically the stock meters position.
IMO, the Bullet is a good meter for the money. I also know that the Pro-M 77 is an excellent meter, generally considered better than the Bullet....it better be for the price differce. I did have a C&L meter years ago and it never gave me a lick of trouble.
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