Are pistons more expensive, though? There are inexpensive unbalanced pistons out there (Edge\Sea Elite, Cressi, Oceanic, Tusa) and the Scubapro Mk2 is lower priced than any diaphragm regs in the Scubapro line, isn't it? Sherwood has balanced pistons designed for cold water that are considerably less expensive than the Mk25.
The Mk25-style designs do have the swivel turret and extra ports and I assume there are also some design differences in the second stage. From what I can tell, unbalanced pistons are usually the cheapest, followed by the diaphragm designs, followed by the balanced pistons. I usually rent gear for salt water diving, and the regs are almost always unbalanced pistons. I will admit, the only time I ever said "wow, that reg breathes great" was a few years back when I rented a Sherwood balanced piston from a local quarry. Of course, it might just have been tuned perfectly, too.