The problem I have with my powertap is that it is the old pro model, with a 32h hub. The thing is a beast, and rolls very poorly. I don't like to use it unless I am riding by myself. There is no way I am going to race with that thing. I have some nice race wheels, and some good training wheels. I don't think I can find a perfect rim for a single Powertap hub that would be sturdy enough for training, and great for racing.
I have read up quite a bit on all the pros and cons with the polar, and I think I understand what I would be getting into. I use the power meter to pace myself up hills, and for interval work. I think the Polar would be sufficient for both of these needs. It would be nice (but not necessary) to get my sprint wattage. And as far as the indoor problems go, I have a computrainer anyway.
The biggest advantage for me having a power meter is that I have horrible pacing, and without watts readings in front of me, I often blow myself up. It is amazing to me how backing off just a little bit at the hard times makes me so much faster. For my situation, I think the polar unit would do just fine.