Versa Gripps Pro vs Traditional Lifting Straps for Bodybuilders

I am thinking about making the switch from traditional cotton straps to Versa Gripps Pro. I see a lot of the pro bodybuilders using them because they are so fast to wrap around the bar. However they are quite expensive compared to a ten pound pair of straps from the local shop.

The main benefit seems to be for pulling movements where you want to isolate the back completely. I have heard that they are much more comfortable on the wrists and do not dig in as much. I am training in London and I want something that looks professional and works well.

Are Versa Gripps Pro actually worth the investment for a regular lifter? I do not want to buy them just because of the hype if traditional straps do the same thing. If you have used both please let me know which one you prefer for high volume back days.