After a summer of use with my Timemaster with mulch blades added from a Turfmaster..... I'm still happy with my purchase. It mulched my deep grass without issues. Turfmaster blades are much better then the standard blade that comes on the Timemaster, which loaded the deck undersides with grass and had to be cleaned after every use or it smelled. The Turfmaster blades leave the deck almost grass free after a mulching. This fall it sucked up leaves and bagged with no issues.... As you lower the deck the vacuum improves of course.
My Honda 21" hydo stayed on the sides lines for my wife to use when I traveled. Yes, the Honda is quieter but I love the 40 minute mow times with the Toro vs the 60 minutes with the Honda.