I had a video podcast shoot on Thursday with two HV20's. It was essential that I set both to 2.8 aperture (for that sweet filmic-look) so they both would have the same aperture and exposure - I did it with the Lytecap. It was easy and quick. It was a nice 'real-world' test considering most of my testing done before I went public was in my basement. So to answer your question - yes it works and works well, IMHO.