I think that depends on the user. I have an Oceanic VT3 wrist unit, which I liked, and recently switched to a Cobalt. For reasons specific to me, this made sense, though it might not to you.
1.) I am not a 'hand on' mechanically inclined sort. Always had a friend change out the dive computer batteries & o-rings. With the Cobalt, it's a built-in rechargeable.
2.) I've got a wireless transmitter, but never used it. Way back someone warned me if I used a transmitter be careful when I picked the tank up not to accidentally grab the transmitter, and that if the tank were knocked over it could damage it. Of course, you can knock over a tank & break a console dive computer, so this isn't particularly awful, but couple it with my confusion trying to get the transmitter working (it turns out the transmitter needed to be on a reg. & tank, pressurized; I consider Oceanic's product manual dry, technical and difficult), and somehow it just never happened. With a console unit, air-integration is brain dead easy. When I download my dives to the computer (I use MacDive now), my pressures in & out are accurate. I like to shore dive in Bonaire, and petty theft is a risk, so I wouldn't leave a logbook in the truck. I'd leave a plastic dive slate to write pressures on. With the Cobalt, no need to bother; the computer keeps up with it.
3.) Historically I plan to set the correct local time on dive computers, cameras & such, then get caught up in trip arrangements or being there, and on the dive computer don't remember how to do it without the manual, and the manual's not in hand when I think about it...so it didn't happen. On the Cobalt, setting the time is easy & intuitive. That way when I download dives to my computer, the dive times in & out are right.
4.) On night dives, the Cobalt display is easy to read without shining a light on it, though with a console I can't just glance at my risk. This is something I miss on day dives; I can't just glance at my wrist to watch my depth. Wrist units are convenient.
I suspect the OC1 is similar in use to the VT3 in a smaller package, though I haven't used an OC1.
Somebody who develops a good working grasp of wrist unit operation (e.g.: can set time, nitrox mix, etc...without referencing the manual, or is comfortable with it), is comfortable with changing out battery/o-ring kits, wants the convenience of glancing at a wrist unit for monitoring depth & tank pressure, is fine with a transmitter and wants to remove a hose from his setup, might make the opposite choice.
Given the cost of dive computers, I wonder how many people wear Atom 3's, OC1's, etc..., around in real world day-to-day life? Did you consider the VT4 as an option? I'm not anti-OC1, but given it's price, just wondered if you thought about the VT4 or Atom 3. If so, what OC1 feature(s) were compelling?
Richard.