I bought one of these, as I don't like the idea of thousands of litres of water getting dumped down the drain ever year:
http://www.desertspringproducts.com/...ers_rotary.asp
I installed it myself, the mount was pretty easy, adjusting the float switch was a bit finicky. I also had to wire in a relay so it would work with my Nest thermostat properly.
The negative of these is the water will calcify, as water is evaporated, but none is dumped, so all the minerals are left behind.
I plumbed a drain hose in, so I just turn a valve on the bottom of the unit every couple months in the winter to drain the minerals and clean the disks once a year.
No pads to replace or anything which is nice.