Spectrometric oil analysis has been a popular technique used by oil analysis laboratories to determine the concentration of elements in an oil sample. The primary application of this technique has been the identification of fine wear in lubricated systems as an indicator of abnormal wear in order to prevent failure. It has also found some use for monitoring contaminants and fluid additives. While the literature has varying accounts of the effectiveness of this technique for machinery condition monitoring purposes, the introduction of fine filtration to many modern machines has profound implications for the effectiveness of spectrometric oil analysis. This paper will assess the effectiveness of spectrometric oil analysis in a fine filtered system and compare it with the results from an inductive wear debris sensor. The inductive wear debris sensor is a relatively new sensor for detecting abnormal wear in recirculating lubrication systems. A combination of experimental data and aircraft data is presented.