A few weeks ago I posted the question about a hobbs meter for an M20K 231. Thanks for all of your input. Case solved. Here is the real deal as best as I could gather. Most aircraft, rented or not, have a hobbs meter that operate off of the ship's 12/24 V electrical system. These are wired through the master, and unless a rental, are also wired through some secondary switch whether be it a oil pressure sensing switch, gear switch, speed sensing switch, or whatever. You can find these hobb meters a dime-a-dozen all day long from aviation vendors. Well actually about $70. From my reading, I believe that is how most of the Mooney clan is wired. My 1979 M20K 231 does not have this type of hobbs meter and is not wired that way. As Charles indicated, it is wired to the tach, which in turn gets it sensing from a Hall sensor unit within the magneto. Much lower voltage. As a side note, Hall sensors are not germane to just the aviation community. Used all over the place. Thus, they do not get their juice from the ships 12/24 V system, and will continue to work as long as the engine is running above a specific RPM. My old hobbs was a Datcon model 771, that operated on 4 to 40 volts. Called Datcon only to find out they no long manufacture any such hobbs that operates on low voltage. The lowest voltage meter they now manufacture is 10 volts. The voltage to the meter in my Mooney measures about 6 volts at run-up RPM. I called around to salvage yards and ended up with a Datcon model 773 from Joe Jenkins Salvage in Dover, Delaware. The voltage rating on the 773 is also 4-40 volts, identical to the 771, except that the 773 is a 4 screw attachment rather than 3 for the 771. It was used, but in real good condition, and still work great after I had it installed. I did make the old Datcon 771 apart. Extremely simple device as to the operation of it. Very little to fail, except that the electromagnetic coil windings showed browning and tested open. Hope this helps other M20K owners.....
Bruce