I have found the Hobbico Elite to be an excellent LiPo charger. If you set it up for a 2 cell LiPo and the battery voltage read 8.4 volts when the "END" notice showed on the display, your battery is fully charged. Yes, most LiPos are delivered with about a 50% charge as, if they were allowed to fall to low, they will be ruined. It is usually recommended that they be stored at 50% charge.