A couple of months ago I decided to sign up for FOR508 at the upcoming San Diego conference, but I kept wondering whether I'd be at a significant disadvantage since I would be lacking the skills taught in 408 (which might especially be relevant if I'm going to participate in DFIR NetWars).  I took a CHFI course seven years ago so I figured that I might not get my money's worth by taking 408 as I'm doing this out of pocket.  That said, it's not like I've really used those skills and my knowledge is pretty rusty.  As usual, curiosity got the better of me so after confirming my suspicions based on other blogs and reviews about 408 vs. 508, I pulled the trigger.
Most of my training over the last few years have focused mainly on the networking side of the security, but because I started my career mainly as a Windows sysadmin, it's nice to go back to the host-level side of the house again and refresh myself on many things which I've since forgotten about.
This course is not cheap and I'm beginning to understand why.  As part of the package you get the SIFT (SANS Investigate Forensic Toolkit) VM, but you also get a Wiebetech UltraDock (
http://www.cru-inc.com/products/wiebetech/wiebetech_forensic_ultradock_v5/) and an actual Windows 8 license.  Very cool stuff.  I've always wanted a write-blocker.  The course materials come in only three books which is a bit different from other courses I've taken where each class day had its own book.  The second and third books are rather sizable.
Something to note about FOR408 - the laptop requirements for the labs are pretty steep compared the past SANS courses I've taken.  Your hardware must support a 64-bit environment and have 8 GB of memory in addition to the 200+ GB drive.  This probably isn't a big deal if you're going to use a desktop at home, but if you were a student at a conference using an older laptop, this might be a challenge.  You also need a scrap 3.5" drive (although course requirements state that this is for an optional lab exercise).  I have a MacBook Pro 17 from 2010 that I swapped in a 500 GB drive and installed Windows 7 on for this class, so that worked out for me.  Having a larger screen size definitely helps since tools like FTK have quite a few information panes with long lines of detailed information.  I imagine it must be cumbersome to do the lab work with a smaller screen and fumbling around with the scroll bars constantly.
I'm currently taking this through the OnDemand option during some time off from work and slowly chugging through it.  At the moment I'm on Day 2 covering tracking user activity within Windows.  FOR408 feels quite different from the CHFI training I got all those years ago and yes, I feel it's been quite worth it so far.  The class material gets right into the action pretty quickly.  This is not an intro-to-Windows course; if you've never seen or worked with the registry before, you're in trouble.  So far, the material doesn't feel "easier" just because it's a 400-level SANS offering.
There are lots of video demonstrations and my ability to soak up information is not keeping pace with the instructor's ability to throw out tons of minutia, all of which are relevant since performing an investigation requires a very structured approach that must stand up to external scrutiny.  This sort of discipline is a good thing, but for people like me who are used to running at a certain speed, I have to force myself to slow down and think in more microscopic terms to slowly step my approach intentionally for obvious reasons.
408 definitely fills in gaps in my Windows knowledge in areas where I always suspected something more was going on than meets the eye.  I'll update this review as I get more time.