I have a '40' machine with Newlydraw and it does both cutting and engraving. The software isn't very advanced but is stable on XP and works well enough for basic designing. I would consider it more a complex driver than a design program.
At the time I purchased my system I looked at a couple that came with Moshi and they were both inferior (hardware). I also saw some complaints regarding Moshi's import abilities and problems with cutting true vectors.
Zax.