RF ammeters like the ones
@Y2KEDDIE has, or the simple vacuum thermocouple attached to a heater wire as in the image I posted, are functionally obsolete, replaced by better technology. However,
the first principle of measuring RF power by measuring the amount of heat it produces
is always valid. Only the methods have changed, not the fundamental principle. Thermocouples are still very much a part of RF power measurements, as are square-law diodes and thermistor sensors.
Here is a very thorough discussion of the state-of-the-art in RF power measurement, published by Agilent (formerly Hewlett-Packard), a world-class leader in RF power measurement instrumentation.
The Bird Model 43 wattmeter is a tried-and-true in-line RF power meter that, using a
directional-coupler, measures forward and reflected power when inserted in a 50 Ω transmission line. But it is limited to CW measurements. The Bird has been the "gold standard" in both commercial and radio amateur practice since practically forever, but it too is rather primitive technology. At the this year's upcoming
Hamvention® in Dayton, Ohio, there will be dozens of vendors offering Bird wattmeters and "slugs" for same... along with upcoming clone products.
The Bird is popular, not because it is particularly accurate and inexpensive (it is not!), but because it simply works. Many hams shun the
SWR bridge, which is constructed using similar principles, and simply tune their rigs for minimum reflected power using a Bird wattmeter. Among hams, the forward power measurement is mainly for bragging rights, IMHO, because the type of ham who uses a Bird is usually aiming for maximum power output as compared to the ham who pursues
QRP operation, or the "minimum power necessary for communication" as specified in the FCC rules for amateur radio.