Is that any better at elevation than, say, an eTrex 30, which also has a barometric altimeter?
(Here it is getting the height spot-on on the trig point at the top of Snowdon.)
Indeed, the eTrex can use GLONASS for a better fix with less sky, which the Satmap doesn't mention supporting...
Elevation accuracy aside, it looks like a decent handheld device for looking at OS maps on (in as much as any handheld can be, you really need a tablet to appreciate an OS map, I reckon). The eTrex can do this, but the screen is far too small, and bitmap maps don't zoom usefully.