What makes atomic regulators better?
All Atomic regs are essentially the same in design (except the TFX second stage, which is superior to everything else, Atomic and otherwise). So, they all breathe the same from the least expensive (Z2, unsealed) to the most expensive (T25).
They breathe as well or better than anything else I have tried. I own ScubaPro Mk25 EVO/G260. I used to also own SP Mk25 EVO/S620Ti. I also own Halcyon H75P/Halo, and others. The Atomic regs, including the Z2 breathe just as well at the Mk25/G260, in my opinion - which is better than the Mk25/S620Ti.
Atomic 2nd stages (except the TFX) have the AFC feature. That feature is like the Dive/Predive venturi switch on (for example) the SP G260. But, the AFC activates the change in position of the venturi vane automatically, based on water pressure. I.e. it changes the vane position automatically, as you descend.
Atomic 2nd stages also have the Seat Saver feature. When the 2nd stage is depressurized, it takes away the pressure from the poppet on the seat inside the 2nd stage. This results in less wear there, so it last longer between needing service. Other 2nd stages recognize the benefit of this. The SP G260 has a feature where you can press the purge button in and twist it a quarter turn to lock it in the depressed position. This has the same effect as the Atomic Seat Saver. I.e. it takes that pressure off the seat when the reg is not in use. But, you have to manually do it, where it is inherent to the Atomic 2nd stage design.
In general Atomic regs are extremely high quality in their construction. Superior to many other regs in that regard. And they go as long or longer than other regs in between needing to be serviced.
They also are modular and many parts interchange. For example, they offer exhaust tees in 3 sizes. Their octos come with the smallest size, to make them the least bulky. The M1 2nd stage is their 2nd stage intended for technical use and it uses the widest exhaust tee, to direct bubbles furthest out to the sides and away from the diver's face. The other primary 2nd stages come with the middle sized exhaust tee for a compromise between bulk and bubbles in your face. But, you can get any size exhaust tee and fit it to any of the 2nd stages.
If you buy a Z2, which has a fixed turret with a bottom port, and you decide later that you wish you had a swivel turret, you can buy just the swivel turret parts and convert the Z2 1st stage to have a swivel turret.
If you buy a Z2 (or any Atomic 1st stage) unsealed, you can get a seal and have it converted to be environmentally sealed.
ScubaPro has a dizzying array of regulators. Why? Is there not one among them that is better than the rest? If so, why do they even make the others?
Atomic does not do that. They worked out what they believe is the best design and they just make that (except for now, the TFX, which still uses the same 1st stage design as the other Atomics). The different models of Atomic are the same design, just made with different materials, depending on what the user wants. The Z2 is chrome-over-brass for the 1st stage (like all the other regs discussed in this thread) and a Zirconium air tube in the 2nd stage. It is the heaviest and least expensive. The M1 is for tech diving and has O2-compatible parts. The B2 is the same 1st stage as the Z2, just with a swivel turret from the factory and a titanium air barrel in the 2nd stage for lighter weight and better corrosion resistance. The ST1 is a stainless steel 1st stage, which won't corrode, but is still heavy. And the T3 is a titanium 1st stage, which is lighter and won't corrode. The prices go up for different/better materials, but the basic design is the same throughout.
Now the Atomic TFX is out. it is a new design for a 2nd stage. It breathes better than any of the other regs discussed in this thread. And the metal parts are titanium. It comes paired with an all-titanium 1st stage. So, none of it will corrode and you won't find a lighter reg set on the market. But, it is stupid expensive.
That's all off the top of my head. I'm sure
@BoltSnap will chime in if I've left anything out.