I agree wholeheartedly.
The Cobra is a good choice. It is not the first integrated computer but it's probably the first user-friendly and reliable one.
The Wisdom is a copy of the Cobra with a few extra nice features. It is a bit easier to change batteries and the customer service department is unbeatable. Being US designed and built it may have a slight edge in readability but really it's a personal choice. The Wisdom is a little less expensive - again since it's made in the USA.
With regard to reliability, dive computers today are more reliable than analog gauges. They are certainly more accurate.
We sold 3 air-integrated computers today. 2 of the divers wanted to keep their old depth gauge 'just in case'. As DS has said, forget it. The computer is more reliable than the old depth gauge. If the battery gets low, you have an audible warning that lets you know when you still have about 30 hours of time left. We've sold Uwatec(Air X), Suunto (Cobra) and Sherwood (Wisdoms) for a long time and we've never had a reliability issue. I have a big cardboard box full of analog depth gauges that flooded or simply broke.
It's academic anyway! In less than 5 years you won't be able to find an analog depth gauge no more than you can find a non-electronic mileage indicator in a new car.
As for the value of an air-integrated computer, after the issue of reliability, accuracy, ease of reading, built-in alarms (the Wisdom has about 6), automatic-on, time to fly and every other feature has been exhausted, I always use the example of a diver with a computer that tells him he has 20 minutes dive time remaining. A glance at the SPG shows he's out of air. Of what value is the computer?
An AI computer shows a single number that is the TRUE dive time remaining - it's the shorter of no-decompression limit or air supply left. If the Wisdom (Cobra) says you have 20 minutes left, it's definitive. In 20 minutes you'll be out of air or over the ND limit.
Now that's what I want!