I wanted to take a moment to share a positive review. The Time Sleuth is awesome and it does what it should. I think good stuff deserves to be recognized. Not all community products are good and I've bought a few disappointing community products. There's always pressure to cheer and say nice things about every community product, but that's bullshit. Only good stuff deserves recognition. The Time Sleuth is a good one.

First of all, the latency results appear to be accurate. I got the expected results with everything I tried.
Like the Leo Bodnar, it uses three flashing bars (top, middle, and bottom) to measure latency and displays the "total" display latency at each test point. However, it has many extra features that blow the competition away.
I only have issue. The Time Sleuth's weakness: it doesn't run on batteries and requires a separate power supply, so you'll need to keep a USB battery handy. No big deal, but worth noting.
It outputs test signals at 60Hz as 480i, 480p, 720p, 1080i, or 1080p. The test output display is more convenient than the Leo Bodnar; Time Sleuth displays the highest lag measured, lowest lag measured, and the average during testing. That's very handy when you don't have a locked frame rate.
The case shell doesn't come together perfectly at the seams like a consumer product, but that's not something I expect--or care about. The case gets it right where it counts. It feels more than solid enough in hand. It fits very well in my palm--and it feels more comfortable to use than the Leo Bodnar. I always found the Leo Bodnar to be a bit too wide for my palm and I hated holding down a button to test. The Time Sleuth is a better size and it's always working when it's plugged in; by comparison to the Time Sleuth, the Leo Bodnar feels awkward.
The cuts in the shell are properly sized and I had no problems with cords. Both an HDMI cord and the USB mini power fit into the device with the right amount of tightness. The shell doesn't prevent plugging cords in and the ports themselves are not too small or too large.
The knob to select testing signals turns and snaps into each resolution in a satisfying way. The knob feels sturdy and secure enough as well. It should last a long time.
The front light indicates power. It also has a satisfying flash during testing when the Time Sleuth is working; it blinks when the device detects an on screen bar that is flashing.
Really like this one. It raises the bar for testing devices and the Leo Bodnar is officially irrelevant.