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Fly on da wall said..
Hands down it would have to be the best allround kit available. BUT slingshot have a lot bigger budget and don't use hot air to promote their products. They're product speaks for itself....
Having different mast length makes it the best all-round kit available?
IMO the best all round kit would have a choice of several wings (different surfaces, different shapes), so you can go free riding, carving, go fast. Sorry mate but your Hoverglide does not tick any of these boxes....
Different mast length might speed up the learning curve of going back and forth but that's where it stops (unless you ride the shallow and needs a shorter one as your main mast).
To top it up, Slingshot sell their front wing for US $499 which is around AU $650. So assuming they release different wings later on, you will have to pay the big $ to upgrade a below average rig (slow mast, crappy fuselage).
The way the assembly is designed will prevent most DIYer to built their own wings while if you are a bit of a handy man, Zeeko, Alpine or Airush system makes it a hell of a lot easier.... You could built your own wing for $100
At 5kg, I'd say no thanks to the hover glide! There are some better options out there that you won't outgrow within 1 year....