I had the chance to pick up a brand new Lyman 1200 III for a good price. It turned out to be a big mistake for me, anyway. Won't work under flourescent lights, continuously turns itself off, 30 minute warm up- just too many issues. Will return it and try the Chargemaster. I googled them both and the Chargemaster comes out on top in every way. Apparently the Lyman III dispenses faster than the older ones but it still has too many issues.
By the way, guys, they are both made in China!