I feel like I answered your questions on one of the FB forums, but I'll answer it here too. Things you list as possible downsides (not sure why you feel they are) are things I prefer. The 1.25" aluminum arms are so much lighter than the 1.5" steel ones. They are just as rigid and have no drawbacks that I can see. Bader has been using 1.25" arms since they came up with the idea of interchangeable tool arms. Some people that don't own aluminum tool arms claim they don't hold up as well as steel, but I've had my TW90 for more than 10 years and the tools arms are just fine, with minor surface scars. You don't need to wrench the handles on the tool arms, they just need to be snug. Multi slots on the grinder is another non-issue for me. Each tool arm on the TW90 has a tool arm slot attached.
Ratcheting tension is not hype or marketing. I understand thousands of people have grinders with springs or gas tubes, and that's fine. The ratcheting tension allows you to change belt tension without moving the tooling arm. It allows you to run with more tension and less tension than you can on a spring. I've ground on numerous grinders that have everything from ratcheting, spring, gas cylinder and pneumatic tension. By far the ratcheting tension offers the best tracking and flexibility. I have one grinder that has spring tension and the rest have ratcheting. If Burr King made a ratchet upgrade for my spring tensioned grinder, I would do the upgrade tomorrow. While people get by with spring tension, I've never known anyone with ratcheting to switch to spring.