I have towed with several different trailers now. I currently have 2. My travel trailer and a utility trailer. I have found it the best (for me), to have a single hitch dedicated for each trailer I tow with my truck. I think I have 4 or 5 hitches now that matched different tow vehicles and trailer combinations I've had. They are not adjustable, they are fixed. For me, it is just easier to have a dedicated hitch for the specific trailer.
If you don't mind doing the adjustments on the hitch between trailer changes, I don't see any reason why the hitch you're interested in would not work well for you. I think the weight scale read-out is an interesting feature. But, I don't see any way to use weight distribution (if that is needed). But maybe you don't need it.
My thoughts, regarding a solid fixed hitch compared to an adjustable one: The more parts, the more opportunity for failure. The more parts that have to be pulled apart and reassembled, for me, is a risk to somehow make a mistake someday. This may NEVER happen, but with a fixed hitch dedicated to a specific trailer, there's minimum risk of failure or forgetting or assuming something is re-assembled correct.
Case in point. I use a locking hitch pin. A manual one is really best, because I have found out if I'm not extremely careful, the locking mechanism does not catch if the pin is not all the way through the holes. I've caught this a couple times (thank-goodness before I hitched the camper). But a manual one, I'd never have this happen with a cotter pin. I use the locking pin still, even though I know there is a risk. So I always double check and give an extra tug to make sure it actually caught and locked now too. But you see the potential there?
But as far as the hitch you're considering, I've never used it, but from what I see on the web site, it looks like a good hitch. I think you won't be disappointed with it.
