Hans and I were discussing QoS the other day, specifically regarding using Wondershaper from the LARTC. I had managed to mess mine up and I subsequently noticed a horrible turn for the worse in my VoIP calls. Wondershaper has to be adapted for use by OpenWRT and in the process I misspelled sch_ingress.o as sch_insmod.o. Too much insmodding that day, I think. The net effect was that download speeds were not shaped at all.
Once I got it corrected, I decided to do a few tests just to confirm that using Wondershaper actually made a difference. I'll cut to the chase for the lazy: it did. I made 45 second calls to music on hold from my softphone, Twinkle. In the background I had Wireshark running. I used the RTP analyzer in Wireshark to look at the statistics after all was said and done. I used both versions of Wondershaper, the CBQ and HTB. I had a single download running the whole time eating up all spare bandwidth.
With no shaping: 4.4% loss (95 packets), 60ms jitter With CBQ Wondershaper: 0.2% loss (5 packets), 35ms jitter With HTB Wondershaper: 0.3% loss (6 packets), 28ms jitter
So my unscientific conclusion is that both versions of Wondershaper work about the same and they both make a huge difference. I could easily hear the packet loss on the first call, but not so much on the other two calls.