The meters actually were useful for me recently. I normally use the CODA #8 with my floorstanders. At the moderate volume levels I listen to the meters hardly move. There is a new sensitivity setting to make the meters more responsive, but it still does not dance too much for my floorstanders.
However, when I setup my RAAL SR1a headphones on the CODA #8 the meters were moving a bit more and a slight increase in volume made the meters dance. It validated my observation that the RAAL sounded better with amps with tons of power. So the meters are useful for me.