I know
The carbozzi is just a glued on foam thing and the Salvi is a straight tube. That said, Pelengas has not done much more in my eyes. Why they don't put in a reverse trigger and a higher handle is just unfathomable to me. The insides of these guns have not changed in, what, close to 50 years now? The Pelengas boss seems to be very good at shopping around for ideas in his very own backyard - and as Pete has shown elsewhere there's a great example of a reverse trigger right there. To me, this is bling, just bling really.
Well, let me be a bit nicer. The Russian spearos like to hang a reel and torch under their tiny guns so the volume will help them. And loads of the Italian guns are a tad heavy in the water in the shorter sizes, so I guess the Pelengas has an advantage there. The compression ratio should be slightly more advantageous but not sure enough to make a real world difference.