The Faro products are porbably some of the best in this class. However your actual question seems to be right on the money. How do you get all the point cloud type data to turn into intelligent, accurate solid geometry? I don't think there is an ideal solution yet. Most of the reasonably successful products out there are pretty spendy. Take a look in the SW Partner listings.
John Richards Sr. Mech. Engr.
Rockwell Collins Flight Dynamics
There's no place like 127.0.0.1