I bought the Charger and matching Power supply. I mainly bought it for its compact size to minimize weight in my hauler bag. I used it during the Reedy Race of Champions @ the Tamiya Track in California. It Chargers 16amps max, discharges 8amps max and Cycles. Quality is top notch and the user interface is easy to use. It uses a joystick like navi to go thru the menus. I think its the same thing as the Elan R without the Elan R price. I am happy with the charger and would recommend it to fellow rc racers.
Here is a youtube link review.
http://www.youtube.com/watch?v=tt6vRvPsxIg