I have pretty much always used the Etrac in Conductive/Multi-tone. I have learned how to pick through the iron very well with it. I have been hunting an old home site the past few days and it is machine gun iron so out of curiosity I have been swapping over to 2 tone ferrous with an open screen and comparing targets. Most were very low conductors like thin brass and small lead up to and including CW mini balls. A couple would give a dig signal in 2 tone ferrous but for the most part would ID a grunt low tone NO DIG iron signals, while others would be a high tone blip about every 3rd or 4th pass of the coil over the target. When I would swap back to Conductive/Multi-tones the targets screamed dig me. Several of the targets were .577 Cal Enfields. I'm sorry I'm not putting much faith in the 2 tone ferrous at this point!