My experiences have been that a properly warmed up and calibrated velodyne runs within 5-15 watts of my also properly calibrated SRM amature. Usually, the velodyne runs low (e.g. it says you are at 250, you're really at 260). However, a velodyne that hasn't been warmed up is all over the place. They weren't doing this at the University I attend until I wrote a protocal for them to use. The velodyne was off by 30-50 watts or more.
Justin
Justin