I guess it depends what you want the splitter to do. I've got several self-powered splitters on wheels. I also have an American three-point hitch vertical splitter. Not horizontal like you're talking about. I love the 3-point splitter. Main reason is - I can take it into the woods anywhere I've cut a huge tree and split it right there instead of killing myself trying to move red oak that's 5-6 feet in circumference. Another plus with the vertical over the horizontal is the wood does not have to be lifted at all to get it into the splitter. If you don't split a lot of big wood - none of this may matter. If you DO, the vertical has a big advantage.
I use a PTO pump to run mine. This way the tractor engine can run slow and the splitter still runs fast. My splitter is an American TM24V
I bought mine used for $500 with the Price PTO pump.
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