The problem of continuous quantum measurement of coherent oscillations in a two-state system is studied for a generic model of the measuring device. The results are applied to measurement of the quantum oscillations of magnetic flux with a de SQUID. It is shown that for a symmetric detector, the signal-to-noise ratio of the measurement, defined as the ratio of the amplitude of the oscillation line in the output spectrum to background noise, is independent of the coupling strength between oscillations and the detector, and is equal to (h/is an element of)(2), where is an element of is the detector energy sensitivity. The fundamental quantum limit of 4 imposed by this result on the signal-to-noise ratio of the measurement with an "ideal" quantum-limited detector reflects the general tendency of a quantum measurement to localize the system in one of the eigenstates of the measured observable. (C) 2001 Elsevier Science B.V. All rights reserved. [References: 13]
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