If the question is beadlock vs non beadlock then there are plenty of pro/cons lists all over the internet, and you'll need to decide that for yourself.
If the decision was hutchinson vs AEV beadlock then you have to decide whats more important to you, looks vs cost vs fit.
The number one priority for myself is driveability so the AEV wheel (beadlock or not) is my first choice due to the proper backspacing and overall fit.
While they are not the same wheel, I have Hutchison beadlocks on my G-Wagon. They are very well built and yes they are the only DOT approved beadlock on the market. Whoever said the Department of Transportation does not matter is a fool. There are a lot of legal ramifications if you were involved in an accident and you are riding on illegal wheels. That being said, the Hutchison's are great wheels and it is hard to appreciate them until you see them up close.