On our website, we discuss advantages of Hook files over aliases and .webloc files. (For example, here.)
We will need to add a more comprehensive document relating these things, that express some of the advantages of aliases over Hook files, such as that an alias
- takes on the icon of the target,
- can be traversed in File> Open dialog boxes (whereas in-app opening a Hook file opens it in the current app (eg, in TextEdit)
We will add a web page dedicated to Hook files.