As someone who runs a club I can see both sides.
For me PTs all the way, it's easier for both club and racer.
However I do have a number of members at our club on a v tight budget and I believe they'd stop racing or wouldn't race as often if it wasn't for the handout transponders. We had 4 this year until I got one swapped due to a duff battery, so we're back up to 5 handouts. From a cost side of things they are bloody expensive.
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