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Well said. Due to current personal problems with Squidoo I'm using HubPages more and more for promotion and earning a little extra scratch. After 2 years of Sqidooing I've earned squat. At least with HubPages I earn a few bucks each month.
If you look at the two sites on Quantcast, Squidoo outranks HubPages in terms of audience and has survived Panda/Penguin more robustly.
Exactly, Squidoo's Alexa rank is lower that Hubpages so that previous has much more traffic. Squidoo has lot of module options to create beautiful lenses. Moreover, it is a good platform for affiliate product promotion.