I would guess it makes driving the pass element easier from the differential pair, as the collector voltage swing has a much higher gain than using a single transistor to compare the sample with the reference, and the differential pair is inherently temperature stable as well, only needing a good stable reference voltage, and all the temperature drift is cancelled out by the differential pair gain for the rest of the circuit. flipping it around to use NPN differential pair would need another transistor or two to do the level shifting needed to drive the pass element, and this extra stage will add more phase shift and reduce stability of the circuit as well. The first circuit as well can easily have current limiting added to it, as the current sense amplifier can easily feed current into Q3 to control the current in the circuit, using only one extra PNP transistor.