I'm voting for hot compost but that's because I;
1. need lots for my patch (allotment),
2. don't like weeding,
3. don't like rats.
Our home has a cold bin that makes very nice compost over 12 months from kitchen scraps and leaves (without turning). Rats are a problem. The zillion papaya, tomato, pumpkin etc seedlings must be eliminated from the roses and other ornamentals.
That's my personal
experience in
answer to Siloe's request.
Now to debate points raised by the coldies;
(a) Hot composting is difficult
(i) insufficient materials
(ii) C:N ratio wrong
True, building a hot compost pile or bin needs at least 1 cubic metre of greens and browns - preferably shredded. The C:N ratio is not all that hard as roughly equal quantities of greens and browns will heat up just fine. I need to bring in manure for greens and sugarcane for browns. My most rapid rise in temperature was from ambient of 22 C (max) to 54 C in 19 hours.
(b) Losing stuff to the atmosphere
Biochar is known to reduce nitrogen losses in composting. Search for "Reducing Nitrogen Loss during Poultry Litter Composting Using Biochar" to find the definitive study. For more information on compost and biochar, I highly recommend reading
http://www.intechopen.com/books/management-of-organic-waste/synergism-between-biochar-and-compost-for-sustainable-soil-amelioration
(c) Killing fungal spores
Somehow fungi appear in the cooling down and maturation phase in my bins - even after highs greater than 70 C. The synergism article quoted in (b) emphasises the importance of maturation. I use the presence of worms as a good indicator of compost maturity. The worms might be the inoculating agents.
(d) Uses too much water
A hotter pile will surely have a higher evaporation rate but I rarely have to add water even in summer with a daily maximum of 32 C and no rain. How could this be? Maybe because the outside of the pile is at the ambient temperature. Evaporation from within the pile condenses on the cooler outside material. Loss of water is also a function of time. The longer a pile sits the more it will dry.
Loved the video Siloe. Why not expand it to include R&D and commercial composting?