thanks guys!, i only had the moisture meter as part of a stud finder, you're right i don't trust it at all, but im glad i didn't buy it just for the purpose of measuring moisture.
The first thing i did after seeing the cracks was to weight it and write the date and mass on the side of the stave, just as mike suggested.
Pat, i'll pick up a can of spray shellac today at lunch!
thanks again guys!