I'm currently in the process of migrating from SVN to a DVCS (while blogging about my findings, my first real blogging effort...), and I've done a bit of research (=googling). As far as I can see you can do most of the things with both packages. It seems like git has a few more or better implemented advanced features, I do feel that the integration with windows is a bit better for mercurial, with TortoiseHg. I know there's Git Cheetah as well (I tried both), but the mercurial solution just feels more robust.

Seeing how they're both open-source (right?) I don't think either will be lacking important features. If something is important, people will ask for it, people will code it.

I think that for common practices, Git and Mercurial are more than sufficient. They both have big projects that use them (Git -> linux kernel, Mercurial -> Mozilla foundation projects, both among others of course), so I don't think either are really lacking something.

That being said, I am interested in what other people say about this, as it would make a great source for my blogging efforts ;-)