Hi J-D-H, and welcome to MLMF. Your question of the comparison between the two types of transmissions is a good one. I am no expert on either of the transmissions, but my local Honda dealer has one of the Smart Drive transmissions on display in his store, and you are correct, there is a cone that is, for lack of better term, forced into another, and that is what drives the mower forward. This is an over simplification, but picture putting a Solo cup inside another Solo cup, and twisting it. The twisting motion of one will be transferred to the other.
I have heard, just as you have, that Honda's Hydro transmission is the more reliable of the two. I have used one of their mowers with the Hydro, and I liked it. I should say though, that the engagement of it was like the geared transmissions I'm used to, but I did like that I could vary my mowing speed by simply moving the transmission lever on way or the other.
Either way, Honda makes a quality mower that should give you years of good service.
I have heard, just as you have, that Honda's Hydro transmission is the more reliable of the two. I have used one of their mowers with the Hydro, and I liked it. I should say though, that the engagement of it was like the geared transmissions I'm used to, but I did like that I could vary my mowing speed by simply moving the transmission lever on way or the other.
Either way, Honda makes a quality mower that should give you years of good service.