When comparing PureScript vs Lobster, the Slant community recommends Lobster for most people. In the question“What are the best (productivity-enhancing, well-designed, and concise, rather than just popular or time-tested) programming languages?” Lobster is ranked 26th while PureScript is ranked 45th. The most important reason people chose Lobster is:
Unlike Rust doesn't make the programmer jump through hoops, mainly automatic. Does an analysis similar to the Rust borrow checker to infer lifetimes, but makes life easier on the programmer.
Specs
Ranked in these QuestionsQuestion Ranking
Pros
Pro Higher kinded types
Has Typeclasses and RankNTypes

Pro High performance FFI code
The Eff monad, which is used for FFI code, optimizes out calls to bind, and supports tail call optimization, resulting in clean, efficient Javascript. The psc compiler also specifically recognizes the ST monad, and transforms scoped variables into mutable Javascript variables, for even more efficient code.
Pro Type safety
Compiling should be your first unit test. A tight type system (static and hopefully strong) will catch many logic errors that are often difficult to spot through debugging. In languages like PureScript, if it compiles, it often runs properly.
Pro Pure functional language
You cannot have side effects, unless a function is explicitly defined as so.
Pro Modules can be compiled to CommonJS
Modules compiled to CommonJS can be included with 'require', making it incredibly simple to call Purescript code from Javascript.
Pro Has row polymorphism and extensible effects
Pro FFI
FFI system is quite good and easy to use. You can import functions curried or not curried. Records and arrays use native JS objects and arrays.
Pro Thorough documentation
The Purescript website has fairly thorough documentation for all of the language's features, and the Purescript blog contains several examples of practical usage.
Pro Awesome web frameworks
Thermite (React)
Halogen (VDOM, similar to ELM)
And hit these up with Signals, Isolated/(Managed?) Components, powerful functions and FFI
Pro Compile time reference counting
Unlike Rust doesn't make the programmer jump through hoops, mainly automatic. Does an analysis similar to the Rust borrow checker to infer lifetimes, but makes life easier on the programmer.
Pro Python-esque syntax
There's an audience who loves that.
Pro WebAssembly backend
More options for users.
Pro Inline structs
Structs are allocated in their parent, and come at zero overhead.
Pro Automatic memory management
Better than Rust. No sadism.
Pro Type inference algorithm
Just works. Goes further than most languages in terms of allowing code without types.
Cons
Con Lots of dependencies needed to get started
Purescript is written in Haskell, but meant to be used with Node.js. As a result, to get started , users must install ghc, cabal, node.js, grunt, and bower. Purescript also has its own compiler, and different semantics form Haskell, and so even after installing, there's still some overhead to getting productive with Purescript.
Con Lack of good IDE/tooling support
Con Documentation not updated
Con Ecosystem not stable
Con Restrictive FFI
Functions exported are all curried, and must be called as such from Javascript. The FFI syntax for importing Javascript functions, while slightly simpler and more readable than UHC/Fay's, means that calls to methods on objects must be wrapped to pass the object explicitly as a parameter.
Con Slow compilation
On large project, for example Halogen
Con Small community
Lead doesn't appear to be so ambitious or has a vision to push making more popular.
Con Compile time reference counting not 100%
Around 5% of time, need to escape to runtime reference counting. Working to get the percentage as low as possible.
Con Lobster not yet totally written in Lobster
Core written in C++. Plans to change that, but has been a long time.
Con Python-like syntax, but different use case and domain
Not Python compatible and often significantly different in purpose and use cases.
