Two questions
1) will it supply more than 500ma? high power LED lights want to use more than 500ma
I am sure that "Shutter Precision" are the OEM maker of these hubs :
http://www.sp-dynamo.com/spproductswitchdisc.htmlSo according to their homepage it tops out at 600mA, while Shimano and SON's hubs tops around 650mA.
They don't show efficiency, so I suspect that it doesn't compare so well.
2) will it be as reliable as the Schmidt and Shimano offerings?
IMHO, no. The switch-able hub may test well in their lab, but the weather in Northern Europe is just cruel to bicycle parts; rain, high air humidity, and road salt makes a highly corrosive environment. Even Shimano with their many good engineers have released hubs (early Nexus 8 IGH's) that disintegrated when subjected to serious winter use in NE.
There are no service diagrams*, so it is pure guesswork when it comes to what amount of sealing they use, but until I am proven wrong, I must assume that it isn't good simply because "Shutter Precision" doesn't seem to have much experience when it comes real user feedback from users in Northern Europe.
*no service diagrams=no sale. I would never buy such an expensive product without instructions on how to service it, or without diagrams to judge the quality of the internals. Does it requires special tools to service? Can the bearings only be serviced at the factory?
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Regards