The flavanol preservation topic is a hugely complex one. There are many, many types of flavanols, and they complex with things like sugar and proteins. Some of them taste astringent, some of them don't. Most of them degrade with heat and water - but some of them less so.
How much starting flavanols you have, how long you hold them at a given temp (and what temp you start it, how you ramp the heat), when you introduce the steam and how long you have it present, what the starting moisture is of the beans themselves - well, you get the idea. Can you get 40% less flavanol degradation? certainly, but the details are important. 40% as compared to what? Setting the beans on fire? (i exaggerate, but often comparisons are baselined against absurdly worst case scenarios to make a product look as shiningly positive as possible). it's important to know what the claim was made against.
If, say, the 40% was baselined against a medium roast non alkalizing drum roaster that doesn't employ a water injection for micro kill - the types of flavanols you'd be 'saving' would result in a more astringent flavor (actually astringency is more of a mouthfeel than a flavor) - but it would be noticeable. Additionally, steam is a wonderfully effective way of stripping off some flavors (bad and good) - so if you're working with beans that have delicate floral or fruity notes - those may disappear in the presence of steam (depends on the nature of the chemistry that causes those flavors). Moreover (but wait - there's more!) - because of the additional astringency that could result from the saving of the flavanols, flavors that weren't physically lost could be covered up by the more present flavanols now (i.e. masking effect).
People have spent decades working to understand the intricacies of this seemingly simple question 8-) Would i personally look at using one for small scale production? That depends on what end i was trying to achieve, and what my starting materials were that i had to work with. Consider a roaster as you would any other tool - it's important to select the right tool for the right job, and to select the right tool, one must have a clear understanding of what it is they want that tool to do - otherwise you could inadvertently try to use a hammer to cut a piece of wood. The right first question shouldn't be should i use a given roaster - it should be what is the right roaster to use to give xxx and yyy results with zzz materials.