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I have a Fluke 323 True RMS Clamp meter. It's what I use 90% of the time. I don't see how anyone could call it "overkill". Fluke makes multimeters that definitely would be overkill, like the one that Tony Stark is using on the helicarrier in "the Avengers" movie.
If you don't want to pay Fluke prices, check out the FLIR brand multimeters. I have one of those and a larger Fluke with clamps.
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