Well, let me jump in here. I have the mile marker 10,500. It runs off the power steering pump. I have had it for 3 years and have used it for very little self recovery and very much logging and land clearing, pulling forklifts out of the dirt, etc. You can steer with it running but it is much more difficult. It will not overheat the PS pump and you have to have the engine running for it to work. I would recommend it whole heartly,

I also do see applications for electrics.
The hydraulic winch will out pull the electric all day long. But if you are in a situation where you have stalled the engine and can't get it running, this is a problem. If you have a electric you will not have much winch time, because you are essentially running a starter, but you could do some self recovery.
Mile marker now has a 12,000 lbs version.
As always, remember safety. A steel cable stretched with 8-10k lbs on it is like a rubber band and when something breaks, things go flying.

I know this because of experience! You still have to define what you are going to do with the winch and how you are going to use it. Then make your desion for which is best for you.
PS. They cost about the same when all is said and done.
On the larger winches you will need to upgrade the electrics/batteries in your trucK. The larger electric winches draw 200-400 amps. Absolutley do not skimp on power cables, 1 ga or better. Remember to factor in this cost when comparing prices.
The real question is if I had to do it all over again, I would still buy the milemarker winch!.
Note: I am not in any way associated with any winch manufacturer.
Now I will get off the pedistal.