I already have one pair of elites and love them. THey are not as thickly padded as the Pegasus, so if it is wet out, they do not hold water (as well as when we are out on a trail, since I also do trails riding with my guy). THe Elites DO hold a bit of sand, tho, which the Pegasus do not. I have only the one pair of Pegasus, with red trim, and I like the ease of use a lot. THat, to me is the big advantage. Being a person who tends to sell stuff and get new-the Pegasus are sort of unknown, and they will not hold the value a pair of SMB's do. I will be anxious to see how the new ones I just ordered (as mentioned in an earlier post here) compare. THey are substantially less expensive than either the Pegasus or Elites. SInce my guy is NOT a stellar turner, at least to yet, we are going to stick with the black.