I had a cataract removed several years ago, and I now actually see better out of that eye (uncorrected) than I ever did in my life since they put in a replacement lens that was spec'd to correct my vision. The only problem is that it's a fixed-focus lens, so I still need glasses (now bifocals) to see well at all distances. But with my glasses off, I'm at least not functionally blind in that eye!
If you have the money (and I think they're not cheap!), I believe that they now have lenses available that can vary focus pretty much like your natural lenses do, and you can come out of cataract surgery not needing corrective lenses at all. In my opinion, if this really works like they say, it would be better than having lasik, which again doesn't give you a wide range of vision focus.