I haven't tried the Ehrlund, but since it was pointed out somewhere around here that it too is a piezo..I'm guessing that The Band uses similar piezos with a different mounting scheme.
Nothing sounds like the Underwood though, and I'll probably always use one. It's a great, great pickup.
I've always felt that mounting the piezo on the body of my instruments sounds better than putting it in the wing slots. The location of the sensors on the Band are above the bridge while the Ehrlund is attached below it, but they are in the same general area of the bass. I used an Underwood for many years, but bowing just doesn't work.
Ric