Dr S, I agree. I have owned both the ProQ and WSM. My experiences have been slightly different to Ed's - To be fair I have not used a stoker with my units (and unless my beer addled brain is missing a trick) I think Ed does which is going to control your temps more consistently.
The ProQ I found to be a very inconsistent as the stackers swell differently each time you use the unit, as a result I cannot guarantee the same heat profile/shape cook after cook. In addittion once they have cooled they take on a differernt shape so when re-stacking them sometimes they fit nicely and sometimes they dont. The normal resolution to this problem is to add a bit of tin foil to the leaky section. Once I moved from water to clay (cheers Adie) on the ProQ, my cooking consistency improved dramatically. I believe this was due largely (and I realise this is only my experience) to the way in which energy was being used in the ProQ (ie less energy boiling water, and more warming the smoker).
After the trip to the US and observing/chatting to the competing teams, the defacto std is the WSM for bullet style smokers. Almost all of them gave the exact same answer when quizzed, the WSM is more consistent. I purchased my WSM at the beginning of the year, did a few smokes with water, but got irritated with having to top up so moved to a clay saucer. However, I noticed on all occasions, the temperature shape was more consistent, even with different weather conditions and quantities of meat. I have noticed however, that my WSM likes to run a little hot, largely due to the smaller clay saucer I have, which I have now remedied by buying a bigger one.
In short, I loved my ProQ, but it was too inconsistent for competition cooking. This can largely be remedied by using a clay saucer and even more so if you use temp control fans. Generally I still believe this is the best value for money bullet style unit in the UK and for home cooking its ideal, especially when only using one stacker. (And yes I have owned a Brinkman, see my review
http://www.bbbqs.com/Forum/viewtopic.php?f=17&t=997&start=10#p7546 - its too much trouble, but fun).
I am still learning the WSM but I have been impressed by its performance. Both Ben and myself were gobsmacked when we tested to see how economical it could be, doing a 14hr smoke on one charcoal starter load of lit coals - thats 14hrs with 3kg of charcoal sitting @ 225f. I was using a clay saucer and the outside conditions were perfect. So for the time being its the WSM, untill I get forced to take the next step in the
Bbq
Equipment
Escalation wa
R (BEER

). I am still a fan of keeping it real - ie Charcoal, attention and nothing else - for my money the WSM is the best of the bunch (albeit more expensive - but prices are circa £250 now so not that far off the ProQ's).