I moved from Mk 20's and Mk 25's to a pair of Mk 17's have not regretted it.
The Mk 25 is easier to service (in part because the Mk 17 is so new). Many techs could rebuild a Mk 25 blindfolded, but they have to think about things when they rebuild their first few Mk 17's.
The Mk 17 is bullet proof in exremely cold water that would freeze up a mk 25 and is a better choice for water with lots of silt, etc. The Mk 17 is a superb reg and provides more than enough air at depth.
In my opinion, unless you like the swivel ports, the Mk 17 is a better reg than the Mk 25.
Dealers make a little more money off Mk 25 combinations than they do Mk 17 combinations, but personally, I think the Mk 17 is going to outlive the Mk 25 as it is a very compact, lightweight yet excellent performing design.