Pacific energy fireplaces vs wood burning stove insert

[kfd518]

Looking at possibly getting this as opposed to a wood burning stove insert. It is my understanding that this is supposed to be similar in operation to a wood burning stove/ stove insert. I currently have a majestic mbu42 which is nothing but a heat wasting piece of crap. Will this in the attached link be just as much of a waste.

https://www.pacificenergy.net/wp-content/uploads/sites/2/2020/07/11900067-FP25-LE-1.pdf