I found an online article that gives a reasonably detailed explanation of the pros and cons of various types of fairlead. Kinda confirms my original assumption that a hard surface is kinder on the rope, whatever type of rope that may be. This guy recommends an aluminium hawse with type iii anodised finish, which he describes as having near-diamond hardness. Grit picked up in the rope will damage soft material, which will in turn damage the rope.
Winch Fairleads: How to Pick the Best One
- Roundforge
However he does not state any sources for his information. So just more opinion, but with more detail.
The whole 'cast vs billet' thing is a bit amusing; I suppose I could go and cast a billet and then machine from that. How is something machined from a 'billet' of unknown material made by unknown processes and of unknown quality, better than something cast from unknown material by unknown persons and of unknown quality? As far as I can determine, a 'billet' is just a chunk of material that does not yet have the shape that you want.
Thanks to those who offered opinions, I guess it keeps a forum going.

