bro, i nvr use this cloth to dry my car after wash :P i only use it to remove waxes and glazes. i nvr use ultimate wipe b4, so i cannot comment. anyways, the supreme shine i use to wipe off wax & glaze and it is fantastic!! it leaves a very very smooth and clean surface, and it removes wax & glazes damn easily. b4 this i use 3M's microfibre towel to wipe off wax also not as easy as the supreme shine, even my gf also felt the difference when she use to remove wax on her car.
to dry my car after washing it i use sheep skin chamois. it sucks up water like a thirsty camel!!! drying my car has nvr been easier. my bro bought both of these items for me from the states. the supreme shine is like USD9.99, the sheep skin chamois i forgot what brand already and the price. i know meguiar has them as well. the benefit of using sheep skin is that, its very soft and the tanning process makes it very absorbent and leather will not scratch the paint or clear coat.
p/s: i find all microfibre towels not really absorbent. but they pickup particles like dust, and waxes etc very well. i think this is the main purpose of a micro fibre towel.