I've not tested mine (having a preference for blissful ignorance
) but there was a recent discussion about C3 shutters on the Argus Collector Group Yahoo site that included a comment from a guy who has worked on quite a few:
"However, I would never call the C3 "accurate" or "precision." The nature of the shutter mechanisms just does not lend itself to precision. Even after cleaning, repair, adjustment, most will not achieve a shutter speed of faster than about 1/200 despite the markings on the dial. And although those markings suggest a range of shutter speeds, it is at best a suggestion. How do you adjust them? Clean parts helps. Other than that, the only factory adjustment is that little triangular lever inside down below the speed dial sometimes referred to as a "bell crank." The adjustment is awkward, primitive, and problematic. And getting the camera to show a clear difference between 300, 200, and 100 does not always happen. And the way the shutter blades open and close slowly and progressively challenges conventional ideas of "shutter speed."
The ACG website has some
instruction and repair manuals for the C3, not sure if there is anything useful there or not. My own impression has been the mid-range speeds can be made fairly accurate, but the highest is almost always an optimistic marking, a trait not uncommon to mechanical shutters in other brands. And judging by the sound, the lowest speed relies on some extra-duty mechanism which could likely show effects of being dirty.
That's my 1.3 (after tax) cents.