The "new" cams have lobes which (assuming ktec arent lieing on their website) are:
Same lift as 421
same duration at 1mm as 421
same differential between lift at .1mm and 1mm
If they are the same total lift, the same duration from 1mm onwards and the shape of the ramp is the same (as implied by the two different duration figures at different lift both still being the same) they they must just be exactly the same or incedibally similar lobes but with a different timing centreline.
So if they are different in anyway other than LCA, it must be a bloody small difference!
RS Tuning are of that opinion too I know.
In fact the only person I have seen say that they are different in any other way than a slight timing offset is sideways danny, and he cant actually say how they are different he just thinks they are despite all the figures being the same apparently, so Ktec marketting obviously works well on him or he knows they are lieing on their website about the specs.
Will be interesting to see how you get on, 421s normally work well for most people, so I would think the 438 should do too given that they are clearly nearly identical.