I played around with 360TS for a bit and found a few things:
1). Note that although the Sandbox is absent in this version, the installation routine does drop a 360Sandbox directory (hidden system), so the sandbox looks like it will come (although if it is on-demand only I find it of dubious value).
2). As 360TS is still a beta it wouldn't to be proper to give specific detection data, but as I suspected Avira really seems to be adding little to the product. Although a company stating that a product has added one or two additional detection engines is always an initial Wowie-Zowie moment, this often will pale on reflection. As an example, how many would get excited if Kaspersky added ClamAV to their product (perhaps a bit harsh as an analogy, but I'm sure you get my drift).
3). It seems that the Proactive Module seen in 360IS is crippled in 360TS. Even though I haven’t had time to do any extensive testing I did see that whereas 360IS will prevent any spawned daughters from autostarting, 360TS does not have this ability at present. Calling a spade a spade, this will lead to payload malware dropped to start and keep on starting.
4). The absence of a firewall in conjunction with the not fully implemented Proactive module will allow malware to connect to the Internet to do various dirty deeds.
5) Finally, it is keylogger aware, a good thing.
So to conclude, for production machines please keep your distance from 360 Total Security, at least until it matures.