Missing capacitance ranges on multimeters for electrolytics has never bothered me too much.
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It is a useful technique to have available. Otherwise, if your DMM measures up to 2000uF and you need to check a 10,000uF cap, how are you going to do it? You can buy a specialized LCR meter that may go up to 20,000uF, but what if you then need to test a 50,000uF cap?
That's a useful technique, especially with large caps, but I think we are off on a tangent there. The question is the limitation of 5uF. The only time I've ever had to work with large caps is when building phase converters. So that really is a corner case that I don't worry about.
The idea is to optimize my next gear purchase to cover as many of my common use cases as reasonable. I don't want to spend a bunch more for a feature that ends up not meeting my needs, only to end up buying another dedicated meter.
It sounds like I'll want to get a separate capacitance meter. How much I need to spend there is something I need to research. But, again, it is the need to accurately identify unknown caps, and match caps.
I've poked around at bench meter specs a bit, but I haven't found anything reasonably priced that has a gigaohm measurement capability like the fluke 83, 85 and 87. Ultimately, I may need to build a rig for matching resistors, and use the fluke for coarse measurements.
The conductance meters that test at 250, or a 1000 volts are not suitable for this application. They are intended to test insulation breakdown, and would fry my resistors.
I did find this neat piece of gear:
http://www.trifield.com/content/high-resistance-meter/