Admittedly I have not made a comparison but I've seem some youtube vids where they compete various sharpening gadgets vs the pro way. They all seem to do very well even at bottom barrel prices. I'm sure defects are higher though.
That lansky looks awesome I think I'll pick it up. I think the crowd on here will see this basic life skill as too much "work".... so thats why I recommend the cheap drag through's. Safer than a dull knife at least... Weird how so many people here have no issue churning thorough another JS framework but spending 10 min to learn a life skill is too hard.