Your question is an excellent one. Most people have sun damage and have a combination of red and brown spots. I would suggest the Fraxel laser for the pigmentation and the V-Beam laser for the broken capillaries. I have the IPL but do not find it as effective as either in treating the brown or the redness.
In your specific case, IPL may be best to address the broken capillaries and hyper-pigmentation issues. Fraxel also helps to rebuild and strengthen collagen in the skin which provides the best results. A series of treatments is likely going to be required to obtain optimal results. The IPL method should be the best treatment for brown spots and broken capillaries. Be sure to discuss the potential complications, if any exist with your board certified surgeon.