In June 2011, Agilent will release newer LCR meters, I would wait to see these as they are offering basic accuracy of 0.2%, which you don't normally find in $290+ LCR meter, which is what Agilent announced it will list price for. For almost $500, I would trust Malaysian Agilent builds living up to their spec sheet, than the Chinese model.
Here is some information on the new products:
Enhanced LCR meters with 2x improved accuracy (0.2%), wider test range with up to 100kHz selectable test frequency
Enable detailed component analysis: D, Q, ?, Z, ESR, DCR
2x longer battery life (16 hours)
Automatic component identification and measurements with Ai
Connectivity to PC and data logging function
Quick, basic LCR measurements start from $290
U1731C
$ 290
20000 Count Dual Display 120HZ/1KHZ Handheld LCR Meter with alligator clips, 9V alkaline battery, Certificate of Calibration, Quick Start Guide
U1732C
$ 350
20000 Count Dual Display 100HZ/120HZ/1KHZ/10KHZ Handheld LCR Meter with alligator clips, 9V alkaline battery, Certificate of Calibration, Quick Start Guide
U1733C
$ 400
20000 Count Dual Display 100HZ/120HZ/1KHZ/10KHZ/100KHZ Handheld LCR Meter with alligator clips, 9V alkaline battery, Certificate of Calibration, Quick Start Guide
On LCR meters:
I doubt any handheld LCR meter is going to give you a real world LCR reading much farther than the basic cheapo meter, consider that you can find an LCR meter for $30,000, what can a $500 or $160 meter do? What's the difference? At least one, the test frequencies of expensive LCR meters are swept continuously from Hz to GHz in top models, and inbetween for lesser priced ones, cheaper ones sample single frequencies among many.
The better LCR meters do not specify accuracy easily, because it can vary for each frequency. The better ones give you a bode plot that represents the DUTs frequency response curve for impedance. From there the meter calculates DF, Q, ESR etc.,
Characteristics can change a bit if the DUT model used assumes series or parallel parasitic LCR, associated with the DUT. So, an LCR meter must be able to switch configuration between the 2 models, and calculate the changes.
My feeling, is you don't specify parameters enough, then the application really doesn't require anything but the cheapest LCR meter you can find to give you basic accuracy. Any added calculation made by mid-priced LCR meters is not necessarily more accurate since the measured value on the meter may change with the actual frequency of your application, that is even 100kHz is as much just a sample and not "real world" if your LCR applications are in the MHz+ range.