Great comparison! We went through this exact decision process a while back.
For development and testing, Ollama is our go-to. It's lightweight, easy to script, and works great for quick local tests.
For non-technical users or people who want a nice GUI, LM Studio is better. It's more polished and the model management is easier.
One thing to note: if you're doing production work or need access to frontier models (Claude, GPT, etc.), neither local option will cut it. We ended up using a mix:
The key insight: pick the tool that matches your use case, not the other way around.
Nice breakdown. This should help a lot of people deciding between the two.