The Magnetospeed was designed to be carried in the field (or sand box) in a small packable pouch so the shooter can verify velocities in differing environments, with different ammo.
Pretty hard to do that with other chronographs.
It provides very accurate velocities and works amazingly well as has been stated by many in this thread and elsewhere. As was also stated above, you don't need to check the velocity of every round you shoot. And, it does mess with barrel harmonics when mounted on the barrel. If solidly mounted off the barrel it will not effect POI, and allows you to check every round if you want.
Lab Radar looked good to me too, it can give you a lot of data, but it has many more problem issues than Magnetospeed. And considering the higher cost, not to mention the extra items they don't provide, I have not and will not purchased one.
Problems include: too much muzzle blast blowing it around, or not enough muzzle blast to trigger it.
Accurately aiming the unit in the correctdirection.
Indoor / outdoor structures or items causing signal reflection.
High battery consumption.
Etc.
Magnetospeed problems are mounting it on the barrel with a nylon strap!
I made a mount that fixed that issue, fits most rifles, and is still capable of fitting in a small pack.
Seems simple to me.