First of all, you need to be clear in your mind what you expect from air conditioning (where and under what conditions you are going to use it).
The Dometic system is undoubtedly the most powerful and cools down to a lower temperature and quicker than many others but this has its disadvantages, too. It is relatively noisy and can create a cold draught due to its high air output.
The Truma Frostair has, as you say, the advantage of not adding height to the caravan and of keeping the centre of gravity as low as possible. On the other hand, installation inside makes rather more difficult to retrofit to an existing caravan. It is, however, quieter than the Dometic and doesn't create as much of a draught.
Both of the above are compressor systems but there are evaporative systems, too, like the Trav-l-Cool. They are lighter, draw less current and can therefore be run on 12 volts so you don't need a mains supply (for this reason they can be left on while towing) but their performance suffers badly in hot sticky weather with a high relative humidity. For this reason, they only really work well in hot dry climates.