I know that the answer to the question "What benefit does the first mentioned system have over others?" is in "A servo system differs from some stepper motor applications in that the position feedback is continuous while the motor is running; a stepper system relies on the motor not to "miss steps" for short term accuracy, although a stepper system may include a "home" switch or other element to provide long-term stability of control. For instance, when a typical dot matrix computer printer starts up, its controller makes the print head stepper motor drive to its left-hand limit, where a position sensor defines home position and stops stepping. As long as power is on, a bidirectional counter in the printer's microprocessor keeps track of print-head position.". Can you tell me what it is?
The answer to this question is:
feedback is continuous while the motor is running