Difference between LILO and GRUB

Characteristics	Lilo	GNU GRUB
Stands For	Linux Loader	Grand Unified Boot Loader
Developer	Erich Boleyn	Werner Almes Berger(1992-1998)
License	BSD(Berkeley Software Distribution)	GPLv3(Grand Public License Version 3.0)
Configuration Change	Any changes made to lilo.conf are not read at boot time and MBR needs to be refreshed.	There is no need to re-install GRUB to MBR or a Partition after changes to configuration file.
Boot Selection	It can support 16 different images at boot time.	It uses scrollable screen and can easily control 150 or more boot choices by adding them to menu.lst