i think they are essential as a cheap and effective way to monitor co2.
4dkh solution with bromide blue from ph test kit. 2ml 4dkh to 2 drops works for me.
all available cheap on ebay but for 4dkh i'd suggest buying a branded bottle as i ve had a few questionable bottles from ebay.
Bare in mind a drop checker indication is normally 2 hours or so behind the actual water column, so dont crank the co2 up thinking it is too low, best bet is to adjust just once a day until it is a nice yellowish lime green.