[Elecraft] K3: Is it wrong?

[Dave G4AON]

With later firmware versions the K3 has a very accurate S-Meter - 
especially when calibrated using a commercial grade signal generator. So 
giving a report on what the S-Meter indicates is something you can do 
with confidence! How often have we smiled when hearing "your signal is 
only S3 but you sound like an S9, to I am giving you a 59 report"...

73 Dave, G4AON
K3/100 #80