Propane is good is used and tuned properly, I use it mostly for mileage gains and it reduces turbo lag. I do use them both at the same time, and in my case it works very well, considering it took a long time to calculate and set the systems up properly. If I was to us just one I would go with h2o/meth as it is great at WOT, where the propane seems to perform best at part throttle. H2o/meth at 30% meth is great for towing, but watch your boost gauge when you use it, depending on your turbo setup you could over boost, I see about a 10 psi gain with h2o/meth. In a nut shell h2o/meth good power increase at higher boost conditions and helps control egt's and safe to use; propane torque increase better mileage only safe if used properly.
Hope this answers your questions, good luck
Bret