I think this isn't really an apples to apples comparison, there are tiny Steel 40s that are better than alu 40s from a weight comparison
HP Steel 40 14.8 lbs - 1.48lbs = 13.32# Not too expensive, $184 much lighter and shorter.
The LP50 holds 25% more than an AL40 and that a worst case. The #/CF is better on an LP50 so it is a more efficient form to carry gas, but its wasted weight if you simply don't need it.
If lightweight and 40CF are your requirements, Steel HP40 is the winner.
Hmm, let me clarify. The two AL40 combined together with a Lola valve will get me through both my dives without having to swap tanks like I have to do with the Horizon. So the AL40 do meet my dive needs and I have them laying around so I won't have to buy a set when my buddy asks for his LP50s back.
I was just confused originally to find the LP50 were so much heavier and still went positive when empty and 2anted confirmation of that.