I have the Suffolk dressage bridle for schooling, and I do agree that it does have to be conditioned/oiled much more frequently than higher quality leathers.
The cheek pieces started to crack on the inside, and they were very cardboard like, but that's the bridles only flaw. Everywhere else is fine.
It serves it's purpose, and I've had it for about two years now..
It's a pretty good bridle, and I think you'll be getting a fair enough deal with it.
However, one of the schooling horses at the H/J barn I train at, has a Camelot, and it's appeared to oil up and soften far better than my Suffolk has. But it's also older and more used..
I honestly think, with either one, you'll be happy with them both.
"You're just as sane as I am."~Luna Lovegood.