$40 HRC FUSE? 
Show me!
It's not a very sturdy one, cheap no-name chinese thing, they're pretty common in decent $40+ meters.
They don't blow when you pop them with low voltages, but they often explode when you pop them over ~300v, amperage wise they don't seem to explode unless you have stupid-high amperage. FakeRC, more than HRC, but a big step up from glass.
Capacitance is completely worthless, it takes ages and if you hold it on too long it just gives an error.
http://www.dealextreme.com/p/2-8-lcd-handheld-auto-range-multimeter-voltage-current-resistance-temperature-3-aaa-37888?item=4I wouldn't recommend it unless all you want is something that can measure Resistance/Voltage/Amperage, the other features are junk.
Auto ranging is a little slow, but you can just manually set the range.
Oh ya, amperage wise it's only accurate from 2 milliamps to 9 Amps, resistance 0.2 to 20M, voltage 0.05 to 240, if you try reading something outside of those ranges it's not very accurate, but spot on within.