Caveat:
I work (sales and repair) in a store that carries Atomic, Apeks and ScubaPro, along with a half-dozen or so other lines of regulators. I might be biased or I might know what I'm talking about, yours to decide...
Performance:
To my knowledge, nothing outperforms the Atomics B/T2 first stage. Of course, the same is true for the Apeks XTX series and the ScubaPro MK17. The performance characteristics between all three are indistinguishable.
Titanium:
It's won't corrode as easily as brass and it's lighter - though I don't know how important that really is. It's more brittle than brass and there is a small chance that it will catch fire in high (beyond recreational) O2 environments. My personal opinion is that it's mostly a marketing gimmick but the marketing guys disagree...
Serviceability:
Unless you service your own, I don't know why anyone would care but thanks for asking. The Atomics can be a little bit of a PITA but that might have as much to do with the fact that I don't see as many of them as I do the Apeks and ScubaPro.
Dealer/Service Network:
The list of dealers that carry Atomics is a fraction of those that carry Aqualung/Apeks and/or ScubaPro. The number of technicians qualified to work on Atomics is even smaller. If you travel, this might be a concern.
Service Interval:
Atomics recommends an inspection every year and service/parts every two years - and you pay. Apeks requires an inspection every year and service/parts every two years and pays for the parts. ScubaPro requires service/parts every year and pays for the parts. I'm old-school enough to believe that regs should at least be inspected and cleaned every year and experienced enough to believe that, if you tear a regulator apart, you should replace the soft parts, which drives up the TCO of the Atomic and Apeks regulators.
Reliability:
I don't see a significant difference between Atomics, Apeks and ScubaPro. Bad things sometimes happen but no more frequently with one than the others.
Manufacturer:
Atomic, Apeks and ScubaPro are all serious companies that work hard to make good products. If it matters, ScubaPro is arguably the best innovator in the bunch, willing to try new ideas and explore different ways of doing things. I don't intend this as a knock against Atomics or Apeks/Aqualung but ScubaPro has a long and almost freaky reputation for going the extra mile to make sure that their customers are happy.
Cost:
The Atomics T2 is going to put a serious dent in your wallet. Some people consider that a negative, others not so much so. It has always struck me as slightly odd that so many of the people who buy an Atomic regulator are doing so, at least in part,
because of the price instead of
in spite of it.
Personal Recommendation:
I'm a pretty serious technical diver with lots of experience in cold and deep water, when I buy regulators I am more interested in performance than anything else. For what it's worth, a couple of weeks ago I went through much the same buying decision you are and added two MK17/X650's to my little fleet. You won't be disappointed in the T1, if that's the one you decide to buy, however.