Almost all test lights (LED or not) are around 1kOhm, so that can theoretically wreck havoc on Can systems if used incorrectly.
Test lights are really valuable to have still, but I never use mine on circuits I'm not completely knowledgeable about unless I have a schematic and am chasing shorts. I have a powerprobe 3 but rarely find places to use it (might just be me not knowing how to get the most of it though).
IMO, Snap-On is tops for there hand tools like Wrenches and Ratchets, but I've found no difference between there Electronic stuff. Save yourself 35 bucks and pick up a cheaper test light. I have a Snap-ON Auto Ranging MultiMeter, and its great, but I later found out (on GJ) that its made by TPI and the exact meter (except the colour is different) is available much, much, much cheaper...