I don't have any direct experience with Laguna, nor with Power-Matic... I use a Jet 1442 that I picked up new a few years back... it works for me... but the Laguna looks in the picture and sounds like in their write up that it has many of the same features as the Power-matic... my shop isn't wired for 220, so would not work for me and if I could go back and do it again... I would have bought the Jet 1642.. for the EVS and little extra over the ways... it was also in my price range at the time I bought, but opted for the rotating head stock on the 1442.... the Laguna reads more like the 1642, except for the 220 voltage.
If you have a club nearby, or maybe can find a club member or fellow turner that has one and is willing, you may be able to ask them for a chance to give it a spin..