jmuriarte...
Another "few points".
1. Cost/unit, swaged-collar [SC] lock-bolts will beat Hi-Loks. HOWEVER, tooling [costs, accessibility, etc] generally limits these to OEM [manufacturing] facilities.
2. For replacement purposes [repair], I favor pin/collar Hi-Loks. HLs resent many favorable options NOT available with SC lock-bolts: user-friendly installation (even in difficult areas); oversizes, head-styles, alloys etc (mix/match carefully); and availability.
3. NOTE [in general]:
3.1 SC lock-Bolts typically "max-out at 3/8" Dia [0.375"D] + 1-OS. Installation of larger collars is not practical due to increased "hammering" [setting] forces to deform the collars. Larger sizes generally means installation of bolts and nuts... or HL Pin/Collars.
3.2 Second oversize SC Lock-Bolts are "rare-to-non-existent".
3.3 Common Hi-Lok pin/collar sizes extend to +1.0"Dia in Nominal plus 1st & 2nd oversize... in most alloys. This allows HLs to replace heavier Bolt/Nut combinations [permanent installations]. Caution: up-to 1/2"Dia (+ oversizes) HLs pins/collar are fairly common/available. For 7/16" Dia [0.5625 D] and above, they become "special-order... with long lead-times.
3.4 WARNING. Shear-rated HL collars 1/2"-and-larger [0.500"D+] and tension-rated HL collars 7/16"D-and-larger [0.437"D+] SHOULD NOT be installed by "hand". The collar-break torques are so high that most technicians will strain really hard to attain the torque; then loose control of the wrench/socket head when it suddenly breaks... which will fly around and damage structure [or hurt someone]. In these cases consider installation of a shear or tension rated nut at similar torque values [HL collar-break ranges].
3.5 Obviously, if a variety of diameters [small-to-large] are being installed, then it makes little sense to mix SC Lock-Bolts and HL Pins/collars: most OEMs will just install HLs to simplify logistics and assembly tooling. Exception: there are FOD critical high-vibration areas, such as engine-bays and inlets, where SC Lock-Bolts [or equiv] ... are mandatory. or
3.6 There ARE OPTIONS to the SC Lock-Bolts and HLs, for smaller diameters, such as:
3.6.1 Two-piece "Eddy-Bolts" [hybrid lock-bolt with threaded/swaged collar].
3.6.2 One-piece "ductile-tail" shear-pins [IE: CherryBuck] [up to ~0.437Dia]
3.6.3 Blind-Bolts in close-reamed holes.
Etc…
Regards, Wil Taylor