Firstly - I'm posting my difficulties here first for comment before raising 
bugs.
That way if it's a missunderstanding on my part I will endeavor to enhance the 
documentation
but if it's identified as a bug then I will file on bugs.ledger-cli.org.  If 
you would prefer
that I go straight to bugzilla.  Just let me know.

Consider:

wcravens@aberforth:~/Sandbox/ledger$ cat scratch.dat

; Test Default Commodity

commodity $
  format $1,000.00
  default

account Assets:Checking
account Assets:Saving
account Equity:Opening Balances

2013/09/01 Opening Balances
  Assets:Checking     1000.00
  Assets:Saving          5.00
  Equity:Opening Balances

; /Test Default Commodity

wcravens@aberforth:~/Sandbox/ledger$ ledger --args-only --strict -f scratch.dat 
b
                1005  Assets
                1000    Checking
                   5    Saving
               -1005  Equity:Opening Balances
--------------------
                   0
wcravens@aberforth:~/Sandbox/ledger$ ledger --args-only --strict -f scratch.dat 
commodities

wcravens@aberforth:~/Sandbox/ledger$

I've tested this with both the commodity directive and 'D'.

There are two things that I was expecting.  The first was that the values with 
unspecified
commodities would be assigned a dollar.   I also didn't expect an 'unspecified' 
commodity to
be allowed given the --strict.

-- 
Wes Cravens, Founding Member
Moxigen - Oxygen for Moxie
http://moxigen.com

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