If the LunaSol20 low was combined with the PD-S high, there would be no contest. As reality stands though, it's a compromise either way.
+1
Although I have both, I tend to carry my PD-S more. I like the shorter size and more grippy flutes on the head even though the machining on the threads is better on the LS20. I also prefer the slightly warmer tint of the PD-S vs the cooler tint of the LS20.
I'd like to think that a Rebel powered LS20 like McGizmo originally designed with a GD driver (so it could take primaries & rechargeables) and flutes from the PD-S would be ever so close to my perfect light.

As mentioned before, check Kiessling's LunaSol FAQ thread for beamshots. As it stands however, here are some pros & cons of the lights IMHO:
PD-S:
shorter length: 3.30"
brighter on High
low spot and very dim spill on Low
accepts CR123 & RCR123
shorter runtime on High
(~60mins fully regulated)
machining on threads & piston not as smooth as LS20
grippier flutes on head allows easier turning w/wet hands or gloves
very slight warm tint with larger hotspot (on my Nov.07 wave PD-S, tint on other waves may vary)
LS20:
longer length: 3.47"
slightly dimmer on High
low wide flood on Low
accepts ONLY CR123
longer runtime on High
(~112mins fully regulated)
better machining on threads & piston sleeve (easier to turn & push)
less grippy flutes on head
slightly cooler white tint with smaller hotspot