Without reading any of the previous replies, I'm going to give you my opinion. I trust or know most of the guys running Sov's, and they generally give good advice; based on solid experience. However, my opinion is; the GT is the best Sovereign since the original Sov was released years ago. It has the best features of both the original AND the Elite, plus the addition of the Accu-Trak system. GT stands for Gold and Treasure. Personally, I find the addition of the Iron Mask on/off switch to be outstanding, as I always use this on original Sov's. The Accu-Trak is more geared to Gold nugget shooting, but can be very usefull in other scenario's as well. I do prefer the standard All Metal/Pinpoint mode myself, but it's there if you encounter bad ground. Meters are secondary to me. With the excellent Tone ID of Sov's, I rarely rely on any meter. The new DigiSearch GT meter ONLY operates on the GT, and is calibrated to 180 and has been very stable in the field, but I would wait until I became familar with the GT's tone ID before buying the meter. The straight shaft will also balance very well. You can save some $$ on the Elite, but it your serious about detecting, don't sell yourself short. You won't wind up turning around and buying the GT. Just my opinion. Good hunting, David @ Dixie