How Precise is the geoid-based vertical datum?
The geoid-based datum will have a better absolute accuracy than CGVD28 across the country. Still, the geoid model will not be errorless, but no systematic errors should be larger than the decimeter (95% confidence) across the country. CGVD28 have systematic errors reaching close to the metre level. Overall, the accuracy of the geoid model will be approximately 3 to 5 cm. On the other hand, the relative precision of the geoid model will be comparable to spirit levelling. Naturally, the relative precision of the GPS-derived orthometric heights will also depend on the precision of your ellipsoidal heights.