As a hobbyist primarily I think PP has far superior models to GW while as a gamer I do think that the WM/Hordes rules are far tighter overall. The other big thing in my book is that rules updates don't invalidate the units that you have spent so much time and money on. Add on to that you don't need to have unit sizes of 20 or 40 models like in GW's games (Fantasy I am looking at you :angry and the whole system is made of win.
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