K8y
Sandbox is primarily for virus protection.
Apps can intercommunicate. Both apps communicating need to be specifically programmed to talk to that one other specific app.
Several benefits of profiles (private space is a separate profile. Faster and more convenient that another traditional profile):
Blank slate of contacts, pics, files for apps to access. You can have apps not run in the background when you close the profile session. Could keep google play services out of your owner profile if you want. I'm sure there's more.