I was looking for a power meter this year and couldn't justify the amount of money they cost. Looking at the DCR site review it suggested that the PowerPod worked within a few percent of much more expensive units. I purchased the PP and have been very happy.
Switching between bikes is very straight forward. It uses the serial numbers of the ANT+ units to realise it's moved bike. Each bike will have it's own profile within the unit, which is viewable in the software. Very straight forward unless of course you move the ANT+ units between bikes.
The Isaac software has an option for Turbo Trainer so the unit should work on a TT. I have never used it on a TT, as I have a smart one with a powermeter, however questions posted on the PP forum suggest it does work. As an aside when you import a ride it tries to detect drafting and asks you to confirm if it took place, so these is some intelligence. Drafting/wind will effect every powermeter to either make you a cycling god or cycling gimp. The PP is wind aware and you can see whether you're in a head/tail wind from the software. You should be able to download the Isaac software and the forum has a few people posting their rides for verification when means you could look at a real ride and see what is reported and how it looks.
Another unit to look at is from ZWATT who appear to have a reasonably priced left/right power meter. They are a KickStarter effort so not 100% sure of availability etc etc, but if I was buying now, I'd look into them.