One correction: the Hozan tool DOES NOT CUT threads, it ROLLS them. Cutting involves the removal of material. Do you have any shavings after threading with the Hozan? No. (but if you do, then something is critically wrong with your threader/technique.)
The only thing you could fault the Hozan with is lower-quality rolling heads, which will wear out faster than the $3K Phil tool, but it is adequate for occasional use if used carefully.