Band guns are easier to load as you load from the rear and you can do it in multiple stages with separate bands and wishbone notches or shaft tabs. Pneumatic guns are all or nothing and easier to load when shorter, but muzzle loading becomes more awkward as the guns get longer. Bigger fish, longer distances and I use my band guns, particularly in rougher waters as when being moved around on the surface it is hard to muzzle load a pneumatic gun unless the gun is short to medium length. I thought the lever-loaded hydropneumatic gun was an answer to my prayers as you can load a long gun, much longer than a pneumatic, without the dangers of muzzle loading. The spear can match that of any band gun, unlike most pneumatic guns, because it is muzzle loaded, but not cocked. Powerful, quiet and straight shooters, they seemed the perfect gun, but they don't float after the shot and that is their biggest drawback. You can fit them with a buoyancy stock so the gun looks like a rifle, but then it loses the slim form that made it very handy to swing around in the water. Then there is the maintenance, it is not arduous, but if you don't do it then the gun can fail, plus there is no guarantee that you can get parts. The advantage of all the pneumatic guns is no bands to check or replace, if the gun still has its pressure then you are good to go. They are generally reliable, but when you get a leak it is not necessarily a quick fix, whereas with a band gun you just change the band, assuming that you have a spare to hand. Band guns are pretty foolproof and can be abused, up to a point, and still work, which suits a lot of spearfishermen who don't spend much time on their guns.
By having a number of guns of different types you can keep your options open, but too many guns and you may be a lousy shot with all of them. I knew a guy who only had one band gun, but was absolutely deadly with it and seemed to never miss, but he always picked his moment of when to shoot and knew his fish and their behavior. When they seemed to least expect it is when he let them have it.