Yes, cover with a face that is fitted after the floor is finished.
I have access to a rotary Hilti laser, which belongs to the company I work for, and I have a 'General' multi line/dot self levelling laser, which I have been very happy with. Distributed by 'Spot On' down here in Victoria, and available through United Tools.
The Hilti is a great tool, but overkill for cabinet installs - costs a small fortune, as well.
The 'General' is about $650, from memory. If you only want a cross-line type, which gives you a horizontal and vertical line, maybe try a Lufkin, Leica or Robotool. I'd look for something that is self levelling, and one that can be locked, so the pendulum doesn't get knocked around when transporting.
Lincoln.