IMO the 4.7k mod is "easier" from a practical standpoint in the sense that a lot of people have the standard minijack mic-on to the recorder and/or a battery box and/or a small preamp, and you can kind of use the minijack plugged into whatever. When you go the 3 wire route, you can make a 3 wire battery box, or buy a special 3 wire preamp, but then those mics go with that power supply and that's it. If that's all you want it for, not a problem. If you are a constant mix-and-match kind of guy (like me), it's less handy.