The I-pac saves it's keymapping even after power-down, does the GP-Wiz? I dunno.
Shipping is cheaper on the GP, as it's made in the USA. The I-Pac comes DHL from the UK.
If you're buying joysticks, buttons, trackballs, or other parts, both manufacturers have offerings. If you want any of Ultimarc's other products (Opit-Pac, T-Stick+, etc), shipping becomes much more reasonable if you're buying other stuff at the same time. And of course, if you like the stuff at Groovy better, the same holds true. Buying from two (or three, or thirteen) different places really runs up the total shipping you pay to get the parts you need.