Yep, I'd say so. Danfoss compressor, just like the other "good" brands, just in a different shape. I built a vertical stack cabinet for mine. Fridge on top, and a drawer and a big drop-front cabinet below to hold the porta-potti. It sits just behind the driver's seat and has been running great since I installed it in October of last year. Obviously with a chest fridge gravity does most of the job of keeping all the food down in the "box", so once or twice I've had things shift and want to tumble out a bit when I open the door - but more experience with packing and adding the sliding "organizers" kind of like drawers in the photo below has helped keep everything corralled.
The TF-49 is a popular choice for the VW guys because it's a drop-in replacement for the old Dometic 3-way absorption fridges in the Westy vanagons, etc. Some guys have done a cabinet hack to make room for the larger TF-62 also. Their positive experiences with them was what convinced me to bite the bulled.
EDIT: Another plus is now I have a little freezer section - just big enough for a tray of ice for my whiskey and any dinner ingredients that need to stay frozen as long as possible.