Just like for every other bike component, the two camps always form, one who likes the best of the best, and the other that likes what will do for the right price. Both have their merits.
I tour and commute daily on Shimano XT hubs. 2.5 years on this set without issue, and this is the newer version that has had constant complaints on this site. I keep them adjusted and lubed, so they should last quite a while.
On the other hand, on my mountain bike and tandem, I have White Industries hubs from the first two years they were in business. That makes them close to 25 years old. I have never had an issue with them and have never even had to think about them in terms of replacement. That is not true of any Shimano product that I have owned. Shimano has a lifespan, and it isn't anywhere near White Industry"s or Phil's. That says a lot. I know I will have to replace the touring/commuting hubs I have now, but not the Whites. I am sure that is the same with Phils. So the real question seems to be "Should I pay more now, or later?" Both work in the short run of 3-5 years.
All that said, a set of Phils for my touring bike is on the bucket list, but probably won't happen anytime soon.