Well, apparently it never reaches 93, and rarely reaches 92 according to the temp gun (which I absolutely love by the way). When I had it set at 90, it would drop to about 85 before turning on and heating it up to 90, so yes, mine drops to 5 degrees below the set temperature before turning on. Also, I'm not fond of the loud "click" that it makes when it turns on and off. I probably wouldn't get another Hydrofarm (should've only bought one at first instead of each cage, but found a supplier that sold them to me for $17 each...all brand new). I also have a ZooMed ReptiTemp500R...currently being used for the incubator. I actually like this one more than the Hydrofarm. Unfortunately, it has no temperature reading, so you have to deal with moving the dial to just the right spot (easy when you have an accurate digital thermometer). But once it's set, it only fluctuates 2 degrees at the most. About 99% of the time, though, the thermometer and temp gun read at just one temperature (86) throughout the day. Not sure if the styrofoam box has plenty of help in that, though. I have not yet used it on a terrarium.