Not Ranked
Crimp, solder and heat shrink? Whoa, to much hassle. I'd use the new product and be done with it.
One problem I've noticed over the years with a "sealed connection" is that it's impossible to see what's going on inside, underneath that seal. Corrosion can and will still occur if conditions are right, but the connection may look perfect on the outside. In that regard this bolt on product looks superior to me. Check and clean when required beats head scratching and wondering "what if" in my book.
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