Looking at the schemata they support, it doesn't look like they support all possible XML structures.
A better comparison might have been one of the XML binding tools vs AsmXml, that's much closer in functionality.
I'd also be careful wrt the XML-ness of this tool. Does it properly handle all Unicode obscurities? Does it handle all DTD obscurities? Is it robust against documents not matching the schema, malformed documents, or even malicious documents?