  We ascertain the effectiveness of the second post-Newtonian approximation to
the gravitational waves emitted during the adiabatic inspiral of a compact
binary system as templates for signal searches with kilometer-scale
interferometric detectors. The reference signal is obtained by solving the
Teukolsky equation for a small mass moving on a circular orbit around a large
nonrotating black hole. Fitting factors computed from this signal and these
templates, for various types of binary systems, are all above the 90% mark.
According to Apostolatos' criterion, second post-Newtonian waveforms should
make acceptably effective search templates.
