I assembled this Silicon Chip / Altronics LC Meter kit today. It worked first go. I haven't been able to calibrate it yet as I don't have access to a high accuracy LC meter.

I like that it's auto-ranging and I can use it to sort through the bags of miscellaneous small coils and chokes I have collected over the years, and is also useful for variable capacitors.

Being a kit, of course there were quality issues: They gave me odd length spacers, the PCB case mounting holes don't all match the case's mounting holes and the zeroing button needs to be extended off the PCB to reach the front panel and even then it was off centre with the pre-drilled hole in the case.

I would also suggest using an "engineered" type 18 pin socket for the IC in place of the socket supplied.

Specs:

Inductance range: Approx 10nH to 70mH
Capacitance range: Approx 0.1pF to 800nF (0.8uF)
Range selection: Automatic
Sample rate: Approx 5 per second
Accuracy: +/-1%

http://www.altronics.com.au/p/k2533-lc-meter-kit/

(Note this kit is on markdown at the moment and stock is limited.)