I think the 110 is a great machine, fast and extremely smooth hydraulics, this is not to say the
L48 is not great. I know a couple guys that have the Kub and love it, wouldn't trade it for the world. The biggest things that led me to the Deere (since the operating specs are soooooo close between the two) were really matters of personal preference, such as the two individual hydro pedals compared to the Kub's heel toe setup, the creep-to-reposition feature on the 110 is bar none the BEST feature ever to be installed on a TLB,the 110 is a bit narrower, and the most personal preference, the thing looks 10 times better than the Kub, but looks aint everything!
Things that could and should be better on the 110. First on the list (as RaT stated earlier) there is no way that a skid plate should be an option, just make it part of the machine, when checking the "fuel gauge" I often found myself making sure I wasn't on my lawn tractor, because I'm pretty sure that is where the gauge came from, which is so un-Deere like, especially with the sweet gauge cluster on the instument panel, install a horn as standard equipment, and I think the last thing is the seat, well two things about the seat, make it so when it rains out it doesn't suck up water like a sponge and continuously make that "squish" noise every time you jump on, the second thing, the Kub really has the better set up with the swivel seat, simpiler and just plain better than the flip design os the 110.