Difference between Grub and LILO

You may have heard about another Linux bootloader called LILO (stands for LInux LOader). While a sensible option for many Linux users, I believe that GRUB is a better choice, for several reasons:

• LILO supports only up to 16 different boot selections; GRUB supports an unlimited number of boot entries.
• LILO cannot boot from network; GRUB can.
• LILO must be written again every time you change the configuration file; GRUB does not.
• LILO does not have an interactive command interface.

All in all, it seems that GRUB is the winner. So let's see what this baby can do.

Reference:-
http://www.dedoimedo.com/computers/grub.html