My perception may be skewed because of the circumstances at the time. The last D-S II module that I ran I felt was better than the MSD-6 that it replaced, but it wasn't anything exceptional. Competent and reliable, but not exceptional. When I put the HEI module on the Valiant it replaced a Mopar electronic ignition module (actually several different modules as they were NOT competent or reliable) and the HEI module was clearly a superior module in every way. Engine started easier, had more power, and just generally ran smoother and better.
So that leaves me with the idea that the HEI module is better than the D-S II module. I know that some purists will never put such a module on their Ford vehicle(s). I get that, not what I would do, but I can understand it.
What I don't like about the HEI module is that some or all of the connections are not sealed. Those modules that do have sealed connection only have them for power and coil connections. The induction trigger connections are still simple spade terminals. Those are the connections that are most susceptible to corrosion causing problems. To offset this on the Valiant I fully covered each terminal with adhesive lined heat-shrink and filled the connector with dielectric grease before making the connection.
The very first HEI module conversion that I did on anything was on MISF's Scout II. I put a D-S II reluctor and pick-up coil in the IH engine's Prestolite distributor. It had previously been trying to use an ancient Stinger conversion kit. We hollowed out the Stinger module's cast housing and hid the HEI module inside of it. That ran exceptionally well. MISF then decided that he wanted to run an MSD-6OR. I honestly can't see any improvement, but he likes it.