Trying to decide between these..

They both go for about the same price.. and from what I've read. They're different hubs.
Only reason I'm considering the Milwaukee wheelset is because I'm going to be ordering other things from them and will be able to save on shipping. But are formula's that much better than milwaukee/dimension/nashbar hubs? Can I still put the phil bearings in the milwaukee hubs?

EDIT: just looked at bicyclewheels.com and the formula/open pro wheelset is gone?! It was just there last week.

Yes, you can still put the bearings in Milwaukie hubs.

You will likely notice zero difference between the two. I'm not sure if the threads are easily stripped on Milwaukie's, but there hasn't been an influx of posts about that happening like there was for Suzue Jrs, Quandos, and stock Kilo TT hubs.

i want a set of milwaukie hubs just because there's a mug of beer on them.

from what I've read.. Milwuakee's have a hollow axle. Would that be a bad thing?

only if you weigh 450lbs and like to jump off curbs. Or if you want to respace the hub to 130mm. There isn't enough threading for spacers and longer replacement axles aren't available.