Pete,
The 80 mm lens stops down to f/4 when not set to f/2.8?
I don't quite follow. None of the lenses i know does that, nor should your lens. Unless, of course, the lens happens to be set to f/4, and the aperture is closed down manually. ;-)
(By the way: what version 80 mm lens do you have? C, CF, CFE?)
As long as you do not have the aperture closed manually (using the appropriate lever/tab) the lens should be fully open (i.e. f/2.8 in any 80 mm lens), no matter what aperture is set.
And should you indeed have closed the aperture manually, the lens will be stopped down to whatever aperture happens to be set on the aperture ring.
Anyway, yes, if a lens is stopped down to some aperture, that very same aperture number must be set on the meter as well. The meter must know through what size aperture the light it is metering is coming.
Any mismatch will result in wrong readings, incorrect exposure.
The usual drill is to keep the lens wide open (not just for metering, but for focussing as well), and set the maximum aperture of the lens in use on the meter.
Knox,
The meter doesn't care whether the screen used is an Acute Matte or an Acute Matte D. They are the same as far as brightness is concerned.