Peter - good and bad news. The Holux DID manage a fix on a Voyager. The bad news - it's the only train I've been on where it can't KEEP the fix. Drops out and in a lot. I managed a good few miles of data logging though - confirmed the 100mph limit where we were at the time and on upload it shows the route on the map, so that does work, but it blacked out for 2-3 miles every few minutes. Walking to the vestibule and holding up against the window there helped - it locked on and stayed there for as long as I could be bothered standing, but my first class seat was just too comfortable to continue that experiment.
So it's not exactly conclusive - nor was it a scientific test (I didn't try another voyager or another route), but of all the trains I've tried, they were the most problematic.
Whether you still want to part £50 for one or not is of course your choice, but before you do (or don't!), you might want to see the thing in action for real. I took a brief video of it logging through Didcot Parkway in an HST this afternoon...
http://www.youtube.com/watch?v=yDLme4eGE5A