Meadows breezes past Holmes' British record
Jenny Meadows broke Kelly Holmes' seven-year-old British 800m indoor record at the UK Indoor Grand Prix.
The World Championship bronze medallist smashed her own best of 1:59.52secs to set a new mark of 1:59:11, a tenth of a second quicker than Holmes ran in 2003.
Kate Dennison also improved her own GB record in the pole vault to 4.60m.
World triple jump champion Phillips Idowu set a season's best of 17.25m but could only finish fourth with Christian Olsson taking victory in Birmingham.
The Swedish former Olympic champion, on the comeback trail after a long spell out with injury, produced a leap of 17.32m with Cuban Yoandri Betanzos claiming second with 17.30.
"I'm not too concerned," said Idowu, who will defend his title at the World Indoor Championships in Doha next month. "Christian is another competitor to beat and I went into Valencia showing similar form two years ago."
Meadows, 28, took advantage of some pacemaking at the National Indoor Arena, taking the lead just after halfway and powering to victory to claim a bonus of US$5,000 (£3,200), and another US$1500 (£970) for the performance of the day.
It was perfect preparation for the World Indoors in three weeks as she continued a strong start to the season that has also featured victories in Glasgow and Sheffield.
"It's amazing," said Meadows. "I knew I was in really good shape from last week but then you look at the record, someone like Dame Kelly Holmes owns it and you think I've got no right to try to target that.
"Kelly didn't run an awful lot indoors but it's still a fantastic time so I'm very, very honoured and thrilled to get that time.
"When Kelly did the double gold in Athens I was still running 400m and only decided that winter to move to the 800m.
"I knew I didn't have the basic speed to be world-class at 400m and when you see a British athlete win at a global event it makes you think maybe I've got a chance. She definitely was a huge role model for me."
Michael Rodgers wins 60m as Britain's Nick Smith impresses
One of the biggest selection headaches for UK Athletics chief Charles Van Commenee could be the men's 60m.
With Dwain Chambers already assured of his place in Qatar after victory at the trials, Harry Aikines-Aryeetey started the day's action at the NIA as favourite to grab the second spot after clocking 6.55 last week in Sheffield.
But the 21-year-old was only fifth in the final, won by American Michael Rodgers in 6.57 ahead of Antiguan Daniel Bailey.
Nick Smith (6.60) was the leading Briton in third with a new Scottish record, with Mark Lewis-Francis (6.61) in fourth and Aikines-Aryeetey fifth in 6.62.
"I was happy to make the final but to run a PB and a Scottish record I can't really believe it," said Smith, who broke the record of 6.62 set by Elliot Bunney back in 1987.
"I don't know what the selectors will do now. I expect they'll take Harry because he was second at the trials and has the qualifying time but I hope I've given them something to think about."
Dennison improved her own British pole vault record for the third time this year by clearing 4.60m, an improvement of three centimetres. Brazil's Fabiana Murer won with a national record of 4.82m.
Ireland's David Gillick ran a blistering 400m in 45.52 to equal the Irish record and will now be a serious contender for gold in Doha.
After winning his first indoor race since last summer, a shocked Gillick said: "I was very nervous but deep down I knew I had worked hard - I'm happy. Let's get on to Doha and see what I can do."
Idowu was not too disappointed despite only finishing fourth
There were two impressive British performances in the high jump event won by reigning world outdoor champion Russian Yaroslav Rybakov.
Samson Oni was second with a leap of 2.28m, the same mark jumped by Tom Parsons, who set a new personal best and achieved the qualifying height for Doha in front of his home crowd.
Both should be on the plane to Qatar and Parsons said: "Hopefully Samson and I can hunt the big Russian down in Doha."
In the men's 800m, 22-year-old Andrew Osagie, the new UK indoor champion, produced a stunning late sprint to clock a new personal best of 1:47.71 to achieve the Doha qualifying time and grab third behind Kenyan Richard Kiplagat and Polish winner Marcin Lewandowski.
Another Brit, Ed Aston, also achieved the qualifying standard with a personal best of 1:48.24 in fifth.
One of the most entertaining races of the day was the women's 60m.
The two fastest women in the world went head-to-head and did not disappoint with American Carmelita Jeter just pipping Laverne Jones on the line with both running 7.06s.
Olympic champion and world record holder Dayron Robles stamped his authority on the 60m hurdles field with victory in 7.44secs.
And Olympic 5,000m and 10,000m champion Tirunesh Dibaba out-sprinted Kenyan rival Vivian Cheruiyot to set the second fastest time ever in the women's two-mile race, winning in 9:12:23.
Jeter pips Jones in dramatic 60m final