Jog, Yes it read out on the display of your MXT. It is VERY accurate, as though it's a coil in itself. Can't say it's better than the MD itself. YES it gives a reading down to 4" with the same reading if it were only 1" deep.....only louder as you get closer to your object. It's the best thing since 'sliced bread'. No kidding. Even in surface finds when the grass is tall....it will tell you 100% where the target is at. Money well spent. I can't say enough good about the DX-1 pinpointer. You'll never leave it behind since it's attached to your MXT with very little weight! And I do mean very little. It's on my MXT all the time! Can't get any better pinpointer......It's like an mini 1" coil. IMHO, Nancy