>> I think the feedback sense is reversed from what it should be: as is, this circuit will latch up with Q1 either on or off, and stay there. << Woops! Good catch, thanks David! As I said, I hadn't built this yet. At one point there was an additional inversion in there as I was evaluating different topologies. You just saved me a big "Doh!" after getting boards back. >> By deleting R2, connecting +5VREF to the (-) opamp input, and connecting the junction of R5 and R6 to the (+) opamp input and R4, the regulator works fine (at least in SPICE). With 20V in and 10V out at one amp, efficiency looks to be about 80%. Output ripple should be about 850 mVp-p at this load, with an oscillation frequency of 6 kilohertz. With input voltage reduced to 13 volts, efficiency goes up to nearly 90%. << Thanks again. This matches very well with what I expected, although I arrived at the characteristics by calculating time constants, currents, voltages, etc. It gives me more confidence in this circuit seeing theory and simulation agree. ******************************************************************** Olin Lathrop, embedded systems consultant in Littleton Massachusetts (978) 742-9014, olin@embedinc.com, http://www.embedinc.com -- http://www.piclist.com hint: To leave the PICList mailto:piclist-unsubscribe-request@mitvma.mit.edu