The reality is that all either does is provide reference points. We have to decide what to do with the readings.
Was out with the dogs this evening just after sunset and decided to shoot my delta 400 at 1000 just because I wanted to place my tones more to match the scene. I wanted the shots to look like the dogs were playing after sunset, not like they were playing at noon. I got the benefit of a quicker shutter too.
You can do this really well with either type of meter.
My advice for Shawn is to continue the quest for an incident meter, if for nothing else than to see how the other half lives, so to speak.