@karandrex, We've tested a pretty broad range of materials including wood, foam, plastic, and light metals. You can cut pretty much any material a dremel tool can cut.
There's some info in this post about the resolution of the DIYLILCNC.
Measuring the accuracy is difficult since we don't have control over each individual build, so there may be inconsistencies from one machine to the next. Most of the testing we do (ie, does it fit? does it look ok?) is not quantitative enough to be meaningful to engineers. When I have sat down with calipers to measure the deviation between my part and my CAD model, the error is in the range of 0.004"-0.02"--kind of a big range, depending on the application.
I'm not familiar with the two CNC's you mention; it's a bit hard to make a general comparison between the DIYLILCNC and a commercial system, but suffice it to say that a DIYLILCNC will not be as accurate/reliable, however it is much less expensive and more open to creative/unconventional uses on the part of the builder.