Mark,
Crimps are made in either single or two hole type. Many of the larger mechanical lugs are two hole with the same pattern as the crimps.
Properly torqued they are just as good a connection IMO.
In my opinion a properly installed mechanical lug is never as good as a properly installed compression lug. Both will do the job, however I believe that the compression are better. The contact pressure on the mechanical lug is not as high and the quality of the installation is more dependent upon the skill of the installer as compared to installing a compression lug with a dieless hydraulic crimp tool. If you cut through the connector and the wire on a compression termination that was installed with a hydraulic crimp tool, it is hard to tell that the wire was stranded. I guess maybe my preference comes from working mostly on industrial projects when crimp connections are often part of the job specifications.
