All a hall effect sensor does is have a magnet pass over a sensor to detect its magnetic field. I don't think this is a superior technology in this application. They are generally more durable as there's no moving parts, but they are prone to heat. There's a lot of products in the market that use different technologies to get to an end. Less important is the specific technology, more important is how the manufacturer implemented it.
Take the Cordona. Strain gauge at first glance is the superior technology, but with no ability to adjust its sensitivity, it falls short. For some people its great, and if you're that person I'll sell you one at a steal. Its sitting in a drawer.