The "small test chart" feature raises a warning flag for me. Generally speaking, the more test patches the better the resulting profile will be although past a certain point you get diminishing returns. The Eye One Photo that I bought several years ago supports 256 and 918 patch charts for printing, but you can actually fool the software into using any testchart you want since it reads the chart definition from a text file and only cares about the file name, not the actual contents. I don't know if the same trick would work for this new LT software or not; might be worth finding out.
Another thing concerns me:
Quote:
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The resulting profile is based solely on perceptual rendering - the ideal solution for entry level color management
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I almost always use rel-col intent, not perceptual, because it yields more consistent and predictable results for me.