I have an LM311 where I've grounded pin 1, the pin that goes to the emitter of the o/p transistor. (Grounded here means connected to 0V with a +10V, 0V, -10V power setup.)
Am I right in thinking that the lowest voltage that I'm going to see on the o/p is \$V_{CE(sat)}\$ of said transistor, say, about 0.3V - or am I confused?