I checked my trigger gauge and with a 5 # weight it indicated 5 lbs. - 3 oz., so it appears the gauge is fairly close.

ehunter, I had trouble with that goop too. I finally scraped it off with a knive. Still cannot get it out of the overtravel screw, but I do not intend to adjust it.

I did break down and read the instructions! It indicates that you can remove the screw completely but the pull will not go lower than 3 lbs. I did not take the screw completely out. It was flush with the housing when I started and I turned it until it was approx. 1/4" exposed, which looked to me to be close to the length of the screw. I stopped at that point because the gauge started to go up rather than proceed down. I think tonight I am going to remove the adjustment screw completely and see what I get, and if not at least 3 1/2 lbs. I will just return it for repairs.

For any of you out there that could adjust yours to less than 3 1/2 lbs., how far did you have to take out the adjustment screw?