As many who have replied to you have already noted, they do full remapping and correct for 2nd and 3rd order abberations. It's amazing tech now. If you can, go in for the free scan where they do a 3d surface map of your eyes, the detail and resolution of the mapping machine is just pure nerd-porn, especially if you're an optics guy.
I've done both eyes, and would like to share my story:
I've been extremely near-sighted with astigmatism my whole life. I'm now in my late 30s, and my eyes stopped changing in any real fashion about 5 years ago -- they stabilized around -8.75 diopters of correction needed. I'd always worn disposable contacts, but hated being blind at night when they were out. When I was 5 or so, I walked into a branch that left a scar on my left cornea that previously excluded me from lasik -- UNTIL the new 3d wave mapping came out.
They did have to use the blade to cut the flap on my left eye (as opposed to the ilasik cutter on the right eye), but I can now see at 20/25 out of my left eye for the first time since I was 5. Previously it was correctable to a best of 20/40. They actually almost totally removed the scar tissue automagically while at the same time corrected for the extreme nearsightedness.
I'm a believer.
If you are worried about the night vision effects, those are truly present in the first couple of months. Those that say they're not are the same people that don't notice the low bitrate on satellite radio.. ;)
After about a year, however, I personally have zero effects, starbursts, rings, hazing, or lack of contrast anymore. It takes a while for the lens to heal up, but it did for me.
Negatives:
I now need UV protection in the sun. I didn't realize that my contacts previously provided UV blocking, and the sun is annoying now without sunglasses.. :)