I originally compared costs between the LnL and a Dillon 650, and decided to go with the LnL. There is a tradeoff between the two (as well as between the LnL and the 550) with a number of features.
First, the ideal way to set up those Dillon presses is with multiple tool heads, essentially one for every caliber you'll load. The LnL, on the other hand, features their LnL bushings that let you put dies wherever you want, while leaving them adjusted the way you set them. On the surface this makes the LnL look like a much better deal because "if I want to load the same caliber in different ways, I would need different tool heads and die sets for those different ways." Which is true, but not the whole picture. Once a loader gets a load dialed in, he will likely want to lock that load down so it can be reproduced exactly every single time, and all he'll have to do is install that tool head. With the LnL you can put any die in any slot, but it takes more time to set up the press for that "perfect" load.
For volume loading, a case feeder sure speeds things up, even if your volume is only a couple hundred rounds at a time. Changing a case feeder over from one caliber to another requires making essentially the same adjustments, whether you're using a Dillon, a Hornady or a "Brand X" system. Dillon's case feeders are designed so that you just swap in caliber specific parts to change from one caliber to another. On the other hand, Hornady's case feeder requires actually adjusting things like the drop tube height, and potentially looking up exactly which feed parts you need for that particular caliber. Had I known about this particular difference, I might have saved up a little longer and gone with Dillon. As it is, if you're at all mechanically minded - and you don't feel put upon to have to tweak stuff a little now and then - it's not a really big deal most of the time.
To me, the difference between going with a Dillon or a Hornady isn't quite a "Ford versus Chevy" question. It's more a question of whether you want a fully decked out Tahoe, or a Bronco with removable back seats and connections to let you equip it for any job you want it to do... They're different, both quite capable, but not exactly comparable animals...