I totally agree that for long term logging a dedicated datalogger is the better choice. Well, sometimes I just need to watch the sensor output or battery voltage of a system for some days and here a logging Multimeter is veeeery handy.
I already have it, it doesn't need a separate battery or drain the system battery as most dataloggers do, it is compact and robust.
For example:
We had installed some climatological stations in the tree canopy in central french guyana. These systems had a solar power supply (5W Panels) which recharged the battery for the logger and its attached sensors. As we wouldn't stay there for three years, I had to climb up there, install them and check that they could run without regular maintenance. So I needed to watch the battery voltage over a period to see if it drops rapidly and the stations would be out of order or if it would be stable (at least for some month to bring in a freshly recharged battery).
At that point I didn't have a logging multimeter and so I used one of the loggers channels to measure the battery voltage. As our loggers were running on an 60s interval this was ok. But then someone suggested to lower the interval to 30s. So we needed to measure again and loose one channel of the logger.
So that meant....climbing up there in the canopy....playing around with these little Compact Flash cards and hope to to loose on when changing.....go down.....check the data.....and wait for the next change to compare the data.
Honestly...I would have loved to plugin my meter, let it log for about five to six days and watch the tendency without the risk of loosing the data.
Today i quite often use it to monitor a freshly calibrated sensor and compare it to what the USB-Aquisition box reads out. Or is use it to have a finer logging-interval when we work there at night.
Well, I would never have the idea to use it as logger on our stations as real logger as it really is wasted resources then. We measure voltage (rH&T Sensors, Radiation Sensors), Resistance (rH&T...psychrometer, Leaf Wetness grids, Soil humidity), Pulses (rain, wind) and so we never need a diode check or so then.
We use some campbell CR1000x for that and I really love those fellows. Reliable, low battery consumption, packed with features and a lot of possible attachments. If you really want long time logging (months or years)....these fellows are the way to go