That would be me.
From a previous post:
"I have a fast 50mm that I like shooting wide.... even in daylight. All I have is a 3 stop ND filter but I needed some flexibility. Next step... a collection of ND filters but that just seems like more junk to pack. Singh-Ray makes a Variable ND filter but at $350-$400 I think they are a bit expensive.. Someone mentioned two polarizers... but adjusting is a pain since both stacked polarizers have a tendancy to turn together instead of seperately. They are also a bit thick which can mean some vinetting can occur.
So today I went to the local camera show today (unfortunately it is pretty much dying out now due to the popularity of modern digital) and picked up two same brand 67mm circular polarizers and one plain jane UV. Three of those filters plus a step down ring cost only $35... not bad eh. Popped out the glass of the UV filter and replaced it with the glass of one of the two polarizers. The modified UV (now polarized) filter is stacked on the other polarizer. There you have it.... the same behavior as the Singh-Ray Variable ND for 1/10 the cost in a nice package. If you do the same, just make sure the filters purchased will easily allow you to remove the glass.
Now I just need to take a paint marker and measure the points for 2, 3 ,4 ,5 etc.. stops. "
Unfortunately, I haven't had time to shoot with it all week so I can't give you any input other than it seems to work with test shots from a digital camera. From my meter it looks like it goes from 3 stops to 8 stops (could never get it light enough for 2 stops). The guy who sold me filters at the camera swap is a photography professor who seems to be an expert in filters and their applications (he has 4 tables FULL of hundreds of filters) also said that he has used two polarizers in the past.. the issue is the thinkness of two stacked polarizers can possible vinette at the corners. I went through the trouble of popping out the polarizer glass and placing it inside a UV filter ring in hopes to prevent vinetting. My setup doesn't seem to be any thicker than the Singh-Ray Vari-ND. The guy also mentioned that he will not carry nor use Singh-Ray filters due to past experience with them.... apparently they use to make filters with hard plastic instead of glass. Don't know if thats still the case.