I've used both and prefer the lever binders. Especially when they hang in the shed and don't get used often. Around here (SW NE) things get coated in dust real fast, and you'd have to clean up and oil the ratchet binders every time you got them out.
I only used about a 2.5 foot cheater and can squat tires with a lever binder. The trick to keeping your teeth is to never get anything but your fingers in the path of the pipe when you are pulling it down.