I am new to mining and I have one of these l3+ miners on the way, due to arrive in September. Can I use this miner to mine another coin besides lite coin? And also can someone point me in the right direction as to where I can get an estimate of the profitability of mining litecoin vs other coins?
You can mine any coin that uses the Scrypt algorithm. So there are quite a few other coins that you will be able to mine.