I just received my refurbished Cuisinart two slice toaster. I tried it on what I thought was the middle, moderate setting, which was setting 4. My toast came out burned. Next time I tried it on 2 and it was not exactly burned, but not to my liking either. So my setting will have to be 1. Apparently the setting from 2 on could be called: a little too toasted, burned and charred.