Mine is the same as the 7450 (labeled as a Saunders/Omega 4500 for the U.S. market) according to KHB Photografix's website.
From what I can tell, it's fundamentally similar to the 7452.
It's not really comparable to my M600 which accommodates 35 and 6x6 only, as the LPL is much larger and capable of bigger prints from 35 or 6x6 negatives along with everything else up to 4x5.
In my estimation, the LPL is the best enlarger I've ever used. I've used Omega 4x5's in a professional environment making 100's of prints a day on them, as well as Beseler's. The LPL is much nicer to work with than either of those.
That said, I have always been fond of Durst enlargers, and in general, they are quite good. I've never used an M700, so I am unable to make a direct comparison between it and the LPL. I think you will be happy with the LPL, from what I see online it is capable of bigger prints than an M700, not to mention accommodating larger negatives. I think you will find the transition relatively easy. For example, like the Dursts, the LPL uses a round lens board. Though, unlike the Durst, it's reversible, so that for 50mm and shorter lenses it can be used as a recessed board, and for longer lenses you use it the other way around. The general layout is similar, though the head doesn't detach and cannot be rotated for side projection, or perspective correction.
As I said earlier, I've not had any noticeable issue with my glassless carriers, though I've been shy of using my glass carrier much because of my earlier problems with dust. The glass carrier is available for the LPL new, as a worst case you may need to import one from KHB though. I would recommend the addition of the masking attachment to go along with the glass carrier, but that does get you into another area of a hard to find in the used market item.
I think the indirect illumination the LPL uses minimizes any negative popping issues, the LPL head is fan cooled and the lamp is well separated from the negative. I've had exposures as long as 3 or 4 minutes making lith prints and have never had a negative pop out of focus from heat using the LPL.