Sadly, those are the only nice things we have to say about the new Oster. Despite being rated for the same wattage and designed in nearly the same way (even the maximum warm-up temperature was basically identical to the old model when we checked with a K-type thermometer probe) this model does not cook satisfactory belgian waffles. We even sent the first machine we got back for a replacement, certain that it must be broken.
This machine makes two beautifully browned, Belgian-style square waffles and offers a lot of potential for customization. Choose from four pre-set waffles — Belgian, classic, chocolate or buttermilk — then pick from one of the 12 doneness settings. When batter is poured on the grates (lined with a wraparound moat to catch any excess), the LCD display timer counts down and sounds an alarm when ready. And if that (literally) wasn't enough, just press the "A Bit More" button to add time until your just-right waffle is achieved.

With a little flick of the wrist, The Hamilton Beach® Flip Belgian Waffle Maker lets you effortlessly bake, make and flip perfect waffles just like a gourmet restaurant chef. Best of all, the adjustable browning control makes waffles golden brown and crispy on the outside and meltingly tender on the inside. To cook waffles like the best restaurants do, simply preheat the waffle maker until the READY light comes on. Then, pour in waffle batter and flip to lock in place. Waffles are done in 5-8 minutes, depending on the setting and the recipe. Using an oven mitt, flip the waffle maker back and open the cover to a perfect waffle. 

The versatile four-waffle size allows you to feed large or small crowds, but this sturdy machine is still relatively compact, and it can easily store vertically or horizontally. Not only is it about the same price as our former top pick, the Proctor Silex 26016A (which is no longer being manufactured), it even feels of better quality and comes with more great features.
After narrowing the list of finalists to six waffle makers, we ordered them and put them through a series of tests in our office, all of which were designed to measure the differences between each of our finalists. We took the data we gained from our testing and factored it in alongside the features that each waffle maker offers (indictor lights, ability to flip, etc.).
Despite the honeyed yogurt and granola on some of the waffles pictured, please don’t be fooled. When it comes to milk, you’ll need to use full-fat (whole) milk in this recipe; this ensures there is less water content in the waffles, which means the waffles will steam less and remain crisp on the outside. More steam means you’ll end up with limp waffles. We don’t do limp and soggy anything around here, pun unintended. For flavor that is found in most classic American-style Belgian waffle recipes, feel free to use buttermilk if you have it on hand. It imparts a lovely tang to the waffles. If you don’t have buttermilk, I wouldn’t bother using the vinegar / lemon juice and milk substitute here. Buttermilk adds a nice tart flavor to the waffles that cannot be recreated with a quick substitute like that. This would work in a pinch, however. Even Bon Appetit agrees.
That said, quite a few users say that this waffle maker isn't as sturdily built as previous versions of the same model, and that if you don't get the top heating plate aligned just right, it can fall off -- an injury hazard if the plate is hot. The top of the G48TD also gets very hot. Some use pliers to bend the metal clips that hold the heating plates in place, which helps them line up better -- or you can just use an oven mitt to protect your hands.
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