They're at least as good as the LM-1 when it comes to measuring, probably a touch better. They have an OBD-II scanning capability and a built in SD card slot, which gives them a couple more interesting features though they're not useful on all cars. In fact, it seems the OBD-II capability only works with some OBD-II cars and not quite all of them. They've finally come out with a package that's priced where the old LM-1 was - my biggest gripe was that they originally drove up the price by bundling it with a ton of accessories.
I've been looking more into the HPTuner stuff and now they are offering a product called VCM Suite, the Pro Version allows the addition of 4 external devices such as Wide Band O2's, and EGT working off 0-5v output. It will also data log for up to an hour and a half and it also allows real time tuning of parameters.
Anyway it's looking like I'm going to go with this VCM Suite software and go from there.
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