1 members found this post helpful.
Where did you get the information that MTEXT was not in LT? What version of AutoCAD are you currently using? Your informational source is bogus to say the least. Comparisons between AutoCAD and LT are all over the internet, no need to limit yourself to one marketing document from Autodesk.
The differences between the two are basic: no Lisp, no ARX, no VBA, no 'advanced' Linking from attributes, no 3D solids or editing or rendering, no 3rd party add-ons from the Apps store, no Express Tools, no Dimensions Contraints Creation, no Point Clouds creation. Pretty much everything else is the same between exact versions of AutoCAD and LT.
As suggested by others, get your hands on trail versions and explore for yourself. And drop whatever source of info you rely on know for software features