My W111 had the axle spring when I bought it. When I rebuilt the rear axle years ago, I decided to go with the Hydro compensator. At that time, these were just beginning to be rebuilt by ZF in Germany. The Classic Center's price was substantially higher at the the time. I obtained a core and sent to ZF in Germany. It was a giant pain to sort out the payment but it got done and is on the car now.
I was hoping for a better ride but really did it for originality. I will report I saw no difference in handling or height. Pretty much the same before and after the coil spring. So unless you plan to load the trunk up or are a stickler for originality, I don't see that the hydro compensator is worth the effort. The spring will never fail, where as the compensator will at some point. How long? Who knows. My understanding is they fail when fluid drips from the unit indicating the seal is blown.
Do you know if the unit that is on the car now is original? That would be a pretty good service indicator about how long they might last.
You will have to weight the pros and cons, But dealing directly with ZF may still be a giant pain as it was when I did mine. Niemöller may be an easier path. Also check the Classic Center's price. All the exorbitant shippng to Europe and tariffs will be taken care of. Is that $1500 US or E1500 euros?