I converted my little lash up into a portable instrument by strapping on a battery pack and adding some wires!
Took it out into the shed, did the following and got these results using this setup ...

On the way to the shed I left it outside to measure ambient humidity ... 72.6% @ 10.2°C. Figures from the internet for two towns either side of my location 74% @ 11°C and 68% @ 11°C, so not too shabby!
In the shed I made two samples ... Bio from my final settling tank = "dry" bio, and the same bio with 50% water added and shaken, free water dropping out = "wet" bio.
Not at all scientific but enough to see if the sensor was going to play ball and shock horror it seemed to.
"Dry" bioReading took a while to stabilise but settled at 53.3% @ 19.4°C. Temp check on a probe 19.8°C
Wash in methanolSeemed like a good idea to remove the bio ... big mistake, big big mistake! reading shot straight to 99.9%.
Wash furiously in "dry" bio sample and eventually get the reading to fall.
"Dry" bioNew sample from the settling barrel in case extra methanol effected readings. Stabilised at 57.5% @ 17.5°C. Temp check on a probe 17.8°C
"Wet" bioVery quickly went to 99.9% @ 17.1°C. Temp check on a probe 17.8°C
"Dry" bioQuick initial drop to circa 80% but then slowed, settling at 58.6% @ 16.8°C. Temp check on a probe 17.3°C
"Wet" bioA quick dip just to get the reading high ... up to 88%
"Dry" bioSettled at 59% @ 16.5°C. Temp check on a probe 16.8°C.
The "instrument" is currently sitting inside by the PC as I type and is reading a very plausible 47.9% @ 20.1°C.
For something as cheap as this I'd say that's a reasonable result. Need to do some slightly more scientific tests now.