Hard to say if that is the best way since it is the very blue and UV light that is most absorbed, not across the whole spectrum. It may be fine to test, but little change does not necessarily imply little change in UV, for example.
I didn't have such a device, so I just took photos and sighted the length of the tank to fine black lines on a white piece of plastic.
Even without such devices, however, my wife who usually takes little notice of such things commented the tanks looked less yellow without knowing I was doing anything when I started up ozone.
Here's what it looked like:
Figure 1. Two digital photographs of a plastic bar taken through four feet of aquarium water. The bar on the left was taken before using ozone, and the bar on the right was taken after two weeks on ozone. The numbers were written onto the bar with marking pens. All camera settings were identical.
This link also shows my whole tank photos before and after ozone:
http://reefkeeping.com/issues/2006-05/rhf/index.php#4