I have a Kadet 2 kit that I've put about 5000 rounds through. It's 99% reliable with hi-velocity ammo, but only about 85% reliable with standard velocity. Since I like to shoot standard velocity, this unreliability presents a problem. I've done all the fixes, filed the ejector, checked the extractor, smoothed the slide everywhere, tried different lubes, dry, wet, not so wet, etc. My Kadet 2 just doesn't like standard velocity. So to try to fix the problem I ordered the SP-01 Kadet adapter. The differences are significant. The SP-01 kit slide is alloy, not steel, and like the 9mm, the slide and sights move with recoil. Alloy construction will wear faster than steel, and I doubt the SP-01 kit will reach 5000 rounds. The Kadet 2 slide is steel, and the sights are fixed to the same assembly as the barrel and do not move with recoil. I would assume that this arrangement would lead to less accuracy with the SP-01 Kit. The sights on the SP-01 kit make it hard to really judge accuracy, at least with my eyes. The Kadet 2 sights are fully adjustable for elevation and windage. The SP-01 sights are adjustable only for elevation and must be drifted for windage, which is a problem because they're held with two set screws that are loc-tited in. On the plus side the SP-01 has sufficient metal to mill for a red dot. A red dot can be mounted on the Kadet 2, but must rest on a plate which raises the sight uncomfortably. The Kadet 2 magazines are steel and a pain to load. The SP-01 kit magazines are plastic and have a button on the spring that makes loading easy. No useful directions came with my SP-01 kit and it did require significant filing to fit my pistol. The Kadet 2 kit came with pretty good instructions and required much less filing to fit. So far, the SP-01 kit has handled all the ammo I put through it, with no failures after about 200 rounds.
If I were considering an adapter kit as a high volume shooter, unless I intended to shoot standard or sub-sonic ammo, I'd get the Kadet 2 and live with a high mounted red dot (if a red dot was in the picture). The SP-01 kit would be a better choice for occasional plinking with whatever ammo was available and for mounting a milled in red dot.