There are a lot of nice band saws these days. Much better than anything you could get 10 years ago. It's almost hard to go wrong for a hobbyist willing to spend a 1000.00.
I would say if I did it again I would go 5HP and probably stay with the grizzly. I use the large band saw for resawing and I do not like the idea of the all in one, change the blade, etc.
I like one big band saw for resawing, it does not need grace or have to be fancy, just brute force and big, a minimum 19", preferably 21". It will always hold a min 1" blade, 1 1/4" is my go to though for resawing. No messing with drift with those big blades.
For the second unit a 17" with finesse and a bit fancy that takes a 3/4" blade, but I usually would use a 1/2" blade in it.
Then for the smaller work and tight circles, etc a small, super precise band saw, 15"-17" that always holds my 1/4" blade.
This may seem expensive, but if you do your homework you can get three Grizzly saws that meet this criteria for the price of one Felder or Laguna and is exactly what I did. No changing blades for each project, I blast through the hardest of woods and can cut virtually as nice as a scroll saw too. Walking from saw to saw in a few seconds is much better than swapping blades.