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I think the Rough Guide is best for Central America because the writing is better, it's more thorough, there are more goofy descriptions of little architectual wonders (like the burned out train shed near zone 4 bus station.) The lonely planets maps are inferior. (Especially for MAnagua and Guatemala City.) It is dangerously outdated, in that it fails to adequately descibe that the Darien gap is in effect a war zone now, and that if you are an American and you are caught there, you almost certainly will be killed. I met several gringos who were all excited from reading about a "jungle rought" described within it's pages -- the route from Puerto Cortes to Puerto Barrios. I've done it; you take a bus, you take a truck, you stop at a shack, you take another truck, another bus, it breaks down, you wait for another bus... you're there. Not that exciting. There is no reason to go to Puerto Cortes, unless you want to hang out with prostitutes and sailors, and watch cargo ships being loaded, and maybe get mugged. And it's the latin capital for SIDA. (But actually, I had a great time...) Anyway, the book makes it sound more fun thatn it is. So get the Rough Guide, and plan on borrowing this one from someone there. (All the tourists seem to have it...)
This edition of the LP Central America did not disappoint me. I used it, going from Panama to Guatemala by bus(!). It is up to date on the information, and as with all the other LP books it is easy to find your way around with it. It includes maps over the big cities, good information about the hotels, restaurants, places worth visiting, and time schedules for bus, train etc. You have to take into account that this is a guide that is meant to cover the whole Central America so naturally it is not as detailed as the guides for each country separate. It is good as an overall guide if you plan to go to more than one or two countries, as you would try to cut down on the baggage to carry around.
As for the prices for hotels and food, the book is fairly accurate.. It is hard to keep up with all the changes, especially in the Latin American economy, where the inflation is "somewhat" higher than in the rest of the world. So, for prices - if you are on a backpacker-budget, do your own research, or at least be prepared for changes! (We usually multiplied the prices in the book with 1,5 and that gave us a good indicator of what to expect).
You will find that if you are walking around with the LP book under your arm, many of the local people will approach you and ask you if you need help. Say yes - even if you don't need help! It is a great opportunity to get in contact with the local people!
This book is a must on your travel!
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The information on daytrips was great - we ended up seeing a couple of towns within an easy journey of Teguchigalpa, Honduras and Managua thanks to the LP guide. Especially like the organization of the LP books, which really helped outline an itinerary that made sense prior to our departure. With the "Getting there & away" section about each destination, it was easy to figure out how to modify that itinerary as needed "on the fly."
Previously, I'd used LP for travels in Bolivia and been very impressed with the detail and level of information for La Paz (the capital). We found the level of detail a little lacking in the Central America guide probably because Nicaragua/Honduras were only two small sections of the book. So I guess I'd recommend this book for an overview, but would suggest finding a guide with more current, updated detailed information and/or an increased focus on the country/cities you're visiting.