I've seen both types fail. The machine type tends to collect dust and moisture. The cheaper type works fine for decades until it decides to quit.
The machine types tolerate plugging/unplugging cycle better than cheaper type. The cheaper type can wick solder into contact area, depending on design.
Really, if reliability is an issue, I'd not use any socket. When socketed boards fail, first thing everyone tries is unplug and plug every socket. That should tell you something.