This is the result, on a master, with "-d 02":

diag-time-2-eth0: posix_time_get:  1362675879.940187923
diag-time-1-eth0: timeout expired: PP_TO_ANN_INTERVAL
diag-time-2-eth0: posix_time_get:  1362675880.081818439
diag-time-2-eth0: posix_time_get:  1362675880.233227916
diag-time-2-eth0: recv stamp: 1362675880.233227916 (user)
diag-time-2-eth0: posix_time_get:  1362675880.233499803
diag-time-1-eth0: timeout expired: PP_TO_SYNC

(time level 1 reports timeouts and set, level 2 reports get-time too).
Signed-off-by: Alessandro Rubini <rubini@gnudd.com>