There is nothing wrong with UGF's, period. They do require regular maintenance, i.e. gravel vacuuming, and I recommend powerheads rather than air lift, air lift just does not provide enough flow IMO. I have three tanks on UGF only and for the last ten years, my readings have been 0 ammonia, 0 nitrite, and 10-20ppm nitrate with weekly 30-40% water changes. I use the 8 to 10 times turnover per hour for my flow rate, rather than 4 to 5. Either of the powerheads in any tank will provide 4-5 times turnover should the other fail.(Even though I haven't had a failure, I like backup filter power)
I don't trust HOB's because they're the only type of filter that I've used that failed on me. Others have had good luck with them. I'm giving them another chance because I'm trying a sand substrate for the first time in 40 years of fishkeeping, and an HOB came with the setup I got off of Craigslist. Even then my back up and supplemental filters are sponges(Like I said, I don't really trust HOB's).
Different filters came about because someone thought they had a better way. Personally, if it gives me 0, 0, and 10-20 on a regular basis, I don't care. Mostly I use undergravel and sponges because they're cheap, effective, fry friendly and I understand exactly how they work. They're what I'm used to, and nobody has shown me that anything else is as cheap, reliable and effective to run. As my tanks get bigger though, and sand the substrate of choice for the fish I like, I am finally beginning to consider sumps and canisters.
Mostly, if it works, it boils down to choice.