I have a pair which I got from AE bike for $108. I have never seen the Lake so I cant compare but from what I have read both have english Pittards Leather which is waterproof. Both have neoprene liners. The Answer has a very stiff sole. I would say the Answer runs slightly large although its also a little on the narrow size. I went a size down but I think I could have gone up also. I have ridden with them down to 35 or so with just a pair of socks so far I have also been through a lot of snow, mud and puddles and my feet have stayed dry. I still have a little room in the toe area even dropping down a size. For the money they cant be beat.