All monitors are equal but some are more equal than others. I believe the regulatory standards stipulate an accuracy of +-15% but I don't know if that is absolute or relative accuracy (repeatability), and it also doesn't necessarily mean that some are not more accurate. The most repeatable system I have personally used is the Contour Next range of meters, but the strips are also among the most costly.
In the end, trending patterns are more valuable than single-point data. The exception might be for people who are at risk of hypoglycaemia, such as those using exogenous insulin or oral hypoglycaemics drugs. Here, an error of 1mmol/L or greater in either direction could be of more immediate relevance.