My opinion is if you are going to replace an automatic tensioner (of any type, hydraulic or mechanical), why replace with same technology? A manual tensioner will not fail catastrophically like an adjustable can. And even if the adjustment becomes out of spec, it would be a gradual change, giving you time to "hear" the chain slap before failure, it is not going to just collapse.
New and improved.....isn't always the case. In this case old school IS better.
I understand not being familiar with the manual version and automatic seems better, but given the frequency of maintenance needed for this manual device (very little after initial chain stretch of a new motor), there is no reason to use an adjustable unit.