My experience with electronic counting has been positive. I obtained a Sigma Sport as soon as Neville posted his first results on its use, and I conducted a side-by-side comparison with a Jones/Oerth counter on a course measurement. I found that there was zero difference between counts obtained using the two methods. I later obtained a Protégé unit and found that it also worked.
A short article on the subject appeared in Measurement News, July 2004. You can download it from the RRTC web site at:
http://www.usatf.org/events/courses/certification/measurement_news/The Sigma Sport has four magnets and a revolution is recorded every fourth encounter between magnet and sensor. The Protégé has one magnet, and records a revolution each time the magnet passes the sensor.
I found that I could not overcome the nagging feeling that the electronic counter method lacked robustness. Because a revolution is recorded each time the magnet passes the sensor, it is possible for extra revolutions to be recorded if the bike wheel moves backwards when the magnet is in proximity of the sensor. I have had this happen when wheeling over rough ground.
As each extra revolution adds about two meters to the measured distance, the error is not small. Moreover, if the Protégé is the unit used, there will be nothing to tell that the error has occurred. The Sigma Sport, using four magnets, will show the count increasing each time the wheel passes the zero mark. If it does not do this, it means that an error has occurred and that it would be a good idea to go back to the last reliable point and begin again. Checking the operation of the unit at each data-recording point is a good idea.
Since I now have one of each type (4 magnet and 1 magnet) I use them both. One checks against the other. In this way I am able to be aware if something is off. If I had only one, I would choose to use the Sigma Sport, as it will show a difference when the zero point is reached.
The Jones/Oerth counter has no potential for uncertainty, unless it is broken.
As a measurer I believe that I can use the units properly, and I can prepare paperwork that another certifier can understand. As a certifier, I am not sure how I would handle an electronic submission unless it carried with it credible evidence that revolutions were reliably counted.
Overall I like using the electronic counter. It is nice being able to reset between intervals, although it does pose new requirements in data-presentation. The indicated revolutions change slowly and give me plenty of notice when I am coming up on a place where I must stop and make a mark or otherwise take data.
The electronic method can be as accurate as the Jones/Oerth, but care must be taken to assure that revolutions are being properly recorded. If the electronic method is to be used, it is a good idea for the user to consult with other users before plunging ahead.