The charger does look identical, and the specs are the same. I also noticed that the charger will not be available until late October, just like the Megatech products, which lead me to believe that it may be just a renamed Megatech product. It should work just fine, and I've owned the Pro-Pulse charger in the past, but why would you be interested in this charger? Is it merely because of the cheap $12.99 price? I would suggest that you invest in a slightly more expensive charger that gives you adjustable settings (like amps) and also allows you to charge AC/DC.
Try this one:
http://www3.towerhobbies.com/cgi-bin...&I=LXRST9&P=ML