I don't know that particular suit, but here's some information about dry suits in general:
Neoprene suits tend to be less expensive (not always, but often). They have significant intrinsic insulating capacity, but lose some of that with depth, just as wetsuits do. You don't have to wear as thick an undergarment with them, but you may get cold on deeper dives. Like all neoprene, the suit will have a lifetime of compression/rebound cycles, after which it loses a lot of its warmth. Neoprene suits have intrinsic buoyancy, so they make buoyancy control a little more difficult. They are heavy (matters if you want to fly with your suit) and dry relatively slowly. Depending on the neoprene, they may have some stretch, and because of it, they can be cut closer to the body, and streamline a bit better.
Laminate suits have no intrinsic insulating capacity, so they're quite versatile as far as use in varying water temperatures goes (just change the undergarments). They have no buoyancy issues, and the warmth doesn't change with depth. They don't stretch (there are a couple of exceptions, but even those don't stretch much) so they have to be cut generously enough to permit range of motion. As a consequence, they don't have a smooth exterior and increase diver drag. They dry very quickly and are lighter than neoprene, but also more fragile. They vary widely in price, depending on cut, the nature of the fabric (bilam versus trilam) and brand.
Compressed or crushed neoprene suits have a little intrinsic insulating capacity, but not a great deal, and they do not change buoyancy with depth. They tend to be very tough, but they are also heavy and dry slower than laminate suits. They have little to no stretch, so again, must be cut generously or they will impede motion. They tend to be pretty expensive.
If most of your diving is local or you drive to do it, and your dives are relatively shallow, a neoprene suit can be a good, inexpensive option.
