Can't speak to the technical differences, but the $360 difference in price was enough for me to go with the ACK unit.
If you want to get around the "switch power off before ditching" GPS issue then you have to spend WAY MORE $$$$ for a unit with a built-in GPS
I think the ELTs with built in GPS must run them off ship's power, so they too will shut down if you kill the master. If they ran off the ELT battery they would drain it down after a few months.
......
Tricky engineering problem. You don't want the gps to just activate after a crash - if the gps antenna didn't survive then there'd be no gps location to send. You need to have a gps running before the crash (ship's power?) AND one running afterwards to get the best of both worlds. Maybe the internal one runs off ship's power unless the 'g' switch goes off and it loses power, then it switches to the elt battery?