I just got the following email from them......For Sale, MagnetoSpeedV1&2 !!
Tony,
Thank you for your email. It is difficult to compare LabRadar to a Magneto Speed, since they operate on completely different technology. If you have any specific questions please let me know.
Retail pricing is expected to be $499.00 USD. We will be finalizing our pricing very soon.
The radar is expected to be available for purchase in May 2014.
LabRadar is designed to track 30 caliber projectiles to 100 yard. Smaller projectiles may not track as far.
Labradar is positioned besides the shooter, not downrange. The shooter aligns the radar using a built-in sighting notch with the target he will shoot at. Ideally LabRadar should be positioned to the side of the shooters muzzle. You should position your firearm approximately 12”-18” from the side of the radar. Make sure that the weapon recoil will not cause the radar to be struck. If you are shooting in a prone position you can position your radar on a mini tripod or other suitable stand to protect it from damage. If you are shooting a firearms that may discharge debris that could strike the radar it may be best to move the firearm slightly forward so the muzzle, cylinder gap, ejecting cases or other discharge will not damage your LabRadar. Upon firing the shot, the radar unit will begin transmitting and will continually track the bullet, reporting numerous velocities along its path. Based upon the large amount of data gathered from the tracked projectile the muzzle velocity can also be determined.
Best regards,
Richard Mouser
LabRadar
www.mylabradar.com
Info@mylabradar.com