I have the Kelton system and use it for coring burrs and larger sections. As with George I don't use it often as I am not into large bowls but even on 250 dia blanks if the wood is worth saving I will core out a small bowl.
The Kelton system is harder to use than the woodcut system but it is more versatile so it will take a little longer to get use to but you have more options in relation to the core shape that can be taken out.
In relation to the lathe you need a fairly powerful lathe the Maxi1 I had was no problem in using it, I used it with the Nova2 chuck but the trick is to use large jaws to give the max strength in the foot as there is a lot of force when cutting, too small a foot and it will break off, I know from experience
A trick is to rub a stick of bees wax on the side of the cutters which reduces the friction when cutting.
It is an investment of some size however with the Burr ash I recently posted me sat on in the forum, I can say that it the price of the system and the burr itself.
While as I said I don't use it often I would not get rid of mine as it has paid for itself time and time again.