I was mostly making the “nicer” comparison to the OPs pencil iron, but that said my Weller is made in the USA and the cord is the most flexible of any iron I’ve used. For the extra few dollars I’d stick with the name brand.
Not sure why you think Hakko is not a name brand. Hakko is a Japanese company which has been in business since 1952:
https://www.hakko.com/english/...profile/history.html
Also, from what I found, Weller is made in China currently or other overseas countries. Here is a good comparison against the two competing products:
https://vsearch.com/weller-vs-hakko/
For what it's worth, 15 years ago when I was upgrading my soldering gear for my RC hobby I asked the President/Owner of Castle Creations (which makes electronic speed controls and motors) and a major lithium battery supplier what iron to purchase. Both said hands down the Hakko. Both companies are soldering items which are highly sensitive in ESD protected environments.
I am not advocating against the Weller, it's a good machine. However I believe after having used both the Hakko is better and or many of the reasons addressed in the linked comparison above.