I've never used a Tilt but I do use iSpindels. I like building stuff, and it was the way I got back into home brewing after a long time!
Does the iSpindel give you a spot on SG reading all the time, well no. Yes, I've calibrated following various guides and advice, but there's always a discrepancy. This is typically attributed to a combination of CO2 bubbles and build of yeast on the Petling. The most successfull way I found was to leave one in the fermenter and periodically measure the SG with a hydrometer, then plug those readings into the calibration spreadsheet.
Still get get some absolute SG errors, BUT whatever the reading you have you can always tell when the fermentaion has stopped because the angle doesn't change. I should also say that I make wine (with the very occational beer), so my requirements are slightly different, I just want to know it's ferementing or it's not. Having said that you can see changes in the graph as the yeast works it's magic!
Whether you use the raw angle or calculated SG, you can definitely see what your yeast is currently up to.
Hope that helps?