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my Neo is consistently a couple of watts lower than my quarq d zeros looking at average over a longer session (2.5-4 hours), never looked at the shorter ones, I resume this is because of losses in the drive chain between the crank and the rear hub.
I don't let it worry my pretty little head, as there's not a lot going on in there most of the time, but even less after 4 hours on the turbo...
Be interesting to know how the smart trainers compare with powermeters.
I presume someone like DCRain has been testing them?