Both good, get both.
I think I've never really understood the need for a barrel bushing, except for the fact that the Colt has a swinging link and the barrel needs a little more slop to get back into place. The HP doesn't do the same thing the same way.. so no bushing.
To me less parts = less stuff to go wrong.
Maybe its just me... but I've never seen a COLT extractor, or HP extractor break. Can't imagine BREAKING a barrel bushing without potentially blowing up the barrel as well.
The mag disconnector can be removed in about a new york minute with the most primitive of tools. It was a Browning thing, as several of his other designs have it.
So many modern designs use the HP's tilt-up barrel and I can't think of anything that isn't a 1911 that uses the 1911 system.
The original safety sucked. Get a bigger one. Anyone who owns a 1911 eventually starts adding fins and do-dads anyway.
Neat thing: BHP take down is as simple as it gets. Lock slide on second notch, push out slide sop. DONE. Thats a Big improvement over the Colt's cock it, lock it, depress the plunger rotate halfway to release the barrel bushing then unlock and push back slide to a 'not so easy to hit on a new gun' detent to release the slide stop, now pour all parts into bucket, hope you don't lose/drop one.
The early Colt had mediocre sights, the early hi-powers had... well "optimistic" tangent sights, but they were adjustable.