The difference can be as extreme as 10+ years of service life. There are residential systems that were installed in the 80s and 90s that are still running fine today. The hermetically sealed scroll compressor is an engineering marvel. The electronics will generally fail before any meaningful mechanical wear is incurred.
Why?
Semiconductors wear faster than copper wires and contactors and are much harder to replace. I can take a part from my neighbor's condensing unit and it would almost certainly work in mine. The make/model is largely irrelevant. I can go on Amazon, search "Start+Run Capacitor" and buy the first thing I find.
The system never catches up, even at night?
I've only observed ductless systems like this in retrofitted, older homes in Canada. And at that point they're usually not integrated with the home's existing heating system / thermostat.
It's a tradeoff I'm willing to make for simple, open I/O. It's not PWM but rather a "call" for heat, cooling, or fan. If I'm refinishing the wall I can (and have) put in a $3 thermostat in its place so I don't destroy the $300 one with paint and dust.
It's also very easy to debug and repair, as I experienced on a day when the temperatures exceeded 100F and was able to execute an emergency repair myself.
If companies like Nest and Ecobee were not allowed to exist, we would all be stuck with the overwhelmingly universally overpriced, proprietary garbage the OEMs put out.