Another product similar to the Tekmar is manufactured by Fuel Economy Ltd. and branded as the Savastat LC. (load compensating boiler control)
Since the Savastat product was available long before the Tekmar unit, it appears to me that the Teckmar unit may have been reverse engineered from the Savastat product to skirt the patents held by Fuel Economy Ltd's design. The main difference that I can see relates to how the unit senses boiler heat demand.
The Tekmar unit has a sensor downstream of the boiler, and monitors temperature decay when the boiler is off, whereas the Savastat sensor is mounted on the boiler return feed, (for which the patents are held) and the unit monitors temperature decay at the return. With this configuration, the unit only interrupts the boiler firing when the stat calls for heat, and the unit determins efficiencies can be achieved. This design makes more sense to me because load conditions can be monitored at the return in real time, whereas the Tekmar unit is affected by the boiler volume itself, thus reaction time is delayed by factors of boiler volume and flowrate.
Having said this, I believe that the Tekmar unit may be a valid soution for small boilers, or if you run your pumps all the time, however I would recommend the Savastat unit for applications involving commercial size boilers, or where you don't want to run pumps full time. Running pumps only as needed also provides a significant amount of additional efficiencies, which I feel tilts my favor toward the Savastat product in most cases.
From a cost perspective, the Tekmar units are significantly less expensive, so you will need to calculate an ROI if either product is an option. Typically I have found that if the boiler uses more than $15k of fuel per year, the Savastat unit easily cost justifies with an ROI under 24 months. If consumption is under $15k, the Tekmar unit will more easily cost justify.
I have seen both units in use, and have found both products to be very reliable regarding low failure rates. Either product can be expected to give many years of service. I know of Savastat units which have been in service for over 10 years. The Tekmar units just haven't been around as long to form a product life comparison.