Hi Jem
Highly recommend the DC-DC route, makes it so much simpler
Here's my version of power meter
Attachment 33794
I'm using a 3watt +-15Volt unit though, I needed to use a slightly larger DC-DC converter as I'm running the display of the +15V side
For the battery aspect it has a 2500ma Lipo cell connected to a Sparksfun LiPo Charger/Booster http://www.sparkfun.com/products/11231 that handles the recharging of the LiPo cell from either a micro USB or an optional 5V supply and also steps up the LiPo voltage from 3.7V to 5V, it also include a low voltage drop out so you can't damage the battery. Makes it simple;)
It can also be powered from the USB port so if you do happen to flatten the battery you can still use it while it's recharging
I'm just looking for a nice case to fit everything into and then I'll make a PCB with it all mounted on to finish this off
Cheers
Troy

