[I've used the same one as Phillip for the past year or two and love it. I keep them running 24 hours a day so I can see the pH anytime. It is one of the best tools for a reef tank, because I don't trust a single pH test kit out there - including Salifert.
I always ran mine off 9v batteries, as I've heard that using the a/c adaptor will somethings give false readings.
Keep in mind that the probe must always be kept wet, or it will be ruined and thusly replaced. If you want to conserve the battery, just turn off the unit until you need to look at it again. It takes less than 5 seconds to give you a reading when you turn it on again. Calibration is a breeze, and if you can't calibrate it, that is when you have to replace the probe. Probes are good for 1 year - but I've had them last longer.]