I'm confused, I think I ask this every year, but this year I will write down the answer . I'm using Variable Output. My Z1000 puts out 20ish VAC. I measured it, I don't remember and now the wiring is buried under Mt Crumpett.... So
Even set to 5V, the minimum output is 9.3VAC. At 22 Vout, it reads 20VAC. Why is the minimum 9.3? It is the same on both outputs and precludes running my old Lionel, or a trolley, below breakneck speed. If the answer is " Thats what it does", I will power it with an 80W Atlas next year and dial down the V Max on the Atlas.
Again, I couldn't find last years answer, or anything in the DCS Companion or Manual.