I do a lot of work on Ham and CB Radios.
I use an HP 8935 service monitor for most of my radio analyzing. It is especially nice to see a SSB signal 1.5 KHz off center freq when putting in a 1.5 KHz audio signal. I have set up microphones with BNC connections so that I can just connect the 50 mV audio output of the service monitor into the mic input easily.
If I really wish to know the watt output I use an Agilent E7495 Service Monitor with a Power Meter in it and an HP sensor. Along with the HP Attenuator, of course. My HP 7426 Selective Level Unit also does a very good job, and it is selective about the frequency it is measuring. However, I have never found a case where I need to know the transmitter output that accurately.
None of these things are peak reading. But if you put a constant audio input into a transmitter the peak is the same.
I use an old Analog Wattmeter in line to keep an eye on output normally, because it is more convenient, and I can see it easily. .
I can align all sorts of brands of analog wattmeters so that they read very well at their midpoint of the mechanical meter.
None of the meters I have seen are linear. Most are not very good at all outside of their midpoint reading. The Bird Meters are the closest thing I have seen to linear in the analog class.
In practical use with AM and SSB, a peak reading meter is almost necessary but these things are also all over the map in their accuracy. But there is no need to be accurate. A Wattmeter that is close and has SWR capabilities is all most people need.
The CBers are enthralled with the "swing" of the analog meters on peak reading. You can sell them a meter that swings all over the place and they are happy. So in a lot of cases a meter with abnormal ballistic characteristics is preferred.
If you really wish to know your transmitter output accurately, I have seen one of these things used,
http://www.telepostinc.com/LP-500.html It is a terrific piece of equipment, if you really want to know the output of your transmitter and keep an eye on your transmission line and antenna. I think this is an excellent piece of equipment that will give you more info than you need.
To change the subject a bit:
I am thinking of trading in my HP Service Monitor and getting a R&S monitor. I really like the blue color. Perhaps pdenisowski can give me some points on the CMU 200. As far as I can gather, without an attenuator the input is limited to 50 Watts.