The main pragmatic difference is that PL1 is difficult for the home gearmaker to work with. It’s not impossible, but I won’t carry unquilted PL1 because it is likely to cause a problem.
Some other pragmatic bits: the sub denier fibers (the primaloft patent) really require the use of a downproof shell and liner to prevent bearding. Marginally downproof items can sometimes fudge it by including the use of the nonwoven carrier scrim at the scrim weight penalty (@ .4 oz/sq yd).
On a functional level, PL1 is an extremely good apparel insulation. It has excellent warmth for minimal bulk (and loft, so if you’re a ruler guy and reject CLO you won’t like PL1), good durability when made correctly, and superlative water resistance because of the siliconized fibers. I am working to make PL1 items practical for the home gearmaker. There is still prequilted PL1 momentum combos available- see earlier posts on this topic.
When you consider workability, Sport is an excellent apparel insulation. While not quite as thin or soft as PL1, it is still quite soft, reasonably easy to work with, and has clo values approximately equal to the new generation of continuous filaments. As long as you quilt to minimize spans to 2 sq ft or less, Sport items are very resilient even when machine washed.
Both these insulations have been around for a long time now. They are proven performers.
AYCE