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Neither is "full" by the definition used on this site, no. While it can alter color settings, it's a far cry from the $300+ SignVideo units or the $700+ (MSRP, now about half) Elite Video BVP-4 Plus BVP4+ units.
The Sima is a consumer "me too" device. Consumers want the extra goodies found in pro gear, but without wanting to pay for it. And so what you end up with is limited version of the pro toy.
That all said, you may only need mild tweaks to your video color, and not the major adjustments available by pro proc amps.
s-video ("separated video", not "super video" as some think) in and of itself is not necessarily better, no. s-video lacks the dot crawl and color/chroma noise often seen in composite video connections. But sometimes composite is clean. And some devices have cheap s-video components.
Sima makes cheaply-built stuff. Most of it DOES NOT WORK as hyped by the company. The copy protection removers are infamous for that.
But don't trash the Sima because of something I say, test it out for yourself, compare both methods, and see which yields the better output. Regardless of my advice, use the one that looks better. I'd wager a bet on the Vidicraft, but your Sima may work okay for your exact tapes (or maybe even better!)
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