I have both a Panasonic Genius Inverter microwave, circa about 2006, and an earlier, circa 1999, Kenmore Elite microwave.
First, both ovens have a magnetron. You can't have a microwave without one. The difference is in the power transformer. Older designs us a heavy magnetic power transformer that can only output one power level, and achieves lower power settings by pulsing, or turning the power on and off. The inverter power transformer can output multiple power levels without having to pulse 100% power.
The Kenmore has both a rotating turntable and a big six inch stirrer on the side of the chamber.
Each one has its own good points and lesser points.
The Panasonic, I think, is better for low power, slow heating of foods. However it would be wrong to say that it doesn't pulse. I recall reading somewhere that the inverter really only has about three power levels: 100%, 60%, and 30%. The power levels in between that are achieved by pulsing the next higher level. It's a more gentle pulsing than the regular microwave, not a full off/on cycle, but detectable in a quiet room nonetheless. The turbo defrost function is interesting. Although the control panel says it's at 30% power, it seems to me that it's a lot higher than that, because setting the control for 30% for the same amount of time results in much more gentle heating that the turbo defrost can do. I often use the turbo defrost to heat up small amounts, such as a pizza slice. It works well for that.
A drawback to the Panasonic is that it seems to heat foods from the bottom. Quite often, such as when heating a frozen pre-cooked burger patty, I find it advantageous to heat for half the time, flip the patty over, and finish the heating. Same for burritos or chimichangas.
The Kenmore, which has a magnetic transformer, really excels at microwave popcorn. The automatic setting if very good, never results in burned kernels, and pops all but a few of them. I find it's also very good for reheating beverages. The Kenmore seems to heat more evenly than the Panasonic, without causing hot spots on the bottom of foods. Still, I find myself using the Panasonic more often because it's in a more convenient location and I find the Panasonic controls to be easier to use than the Kenmore (which has a silly rotary knob to make selections and set times). The Kenmore seems to have better build quality, and I prefer the look of its magnetron cover, which is a large translucent amber plastic dish behind which one can see the rotating wave stirrer. The Panasonic has the more typical funky and harder to clean gray mica based magnetron cover.