I produce about 15 cubic yards of rotted compost a year (approx. 12,000lbs). This is usually sufficient for my garden and I'm a fairly heavy user of it.
I don't know the pros and cons of hot and cold composting but I'm sure that the way I do it produces good compost fairly quickly. It is obviously hot composting as it can be seen steaming when I turn it over.
That's a lot of compost. I found that I couldn't make enough because I just don't produce enough kitchen waste. I could go around and collect some, but I don't have the time, it takes enough time just to collect yard waste.
I could also just compost my leaves and other yard waste, but I find it serves me best to use as mulch, i.e. habitat...
As far as hot compost vs cold compost, I admit I don't really know how they chemically compare and I've never been able to find anything on that in books...
However, my affinity for cold compost just comes from the fact that I've noticed that more organisms are present, meaning more biodiversity and with more biodiversity the healthier a biome tends to be. However, with hot composting, nothing can live in there, except for the thermophilic organisms and the compost is simply a byproduct from them, whereas I got the byproduct from countless organisms, including worms...
They also say that hot composting destroys pathogens and weed seeds; however, for the seeds the ones deep in the pile do breakdown very quickly, because they are always in the presence of moisture and the ones at the top I turn back into the pile, contributing to the compost ingredients/nutrients.
WRT, disease...I can't say, other than to say again a bio-diverse environment with predators is a healthy environment. Maybe I'll have another viewpoint of this when I come across a problem with disease, but with nearly a decade of doing this, I've yet to have any serious problems with pathogens.
But like I said, just an opinion...