I've used Schaller and Dunlop and prefer Dunlop. In fact, I'm currently outfitting most of my instruments with them after having found just the buttons available on ebay.
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I have used Schallers for years and have them on all my performance grade basses. Never had a problem. I have used the Dunlops and am not happy with them, harder to release and connect IMO.

myself, i just use these:
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Isn't that kinda the point??
I started off using Schaller's, but one day the straplock failed on me. Although it was more strap failure, I still believe that it was caused by the straplock. It seemed that the straplock had stretched the hole on the strap, causing it to slide over the entire straplock fitting.
After that, I started to use dunlops. There is a much tighter 'sandwich' fit on the strap, so they seem more secure. I have also found that the screw used on the pin is usually a thicker screw in comparison to the Schaller's causing them to 'bite' into the wood of your guitar more, thus being more secure. The sight of the screws coming out on my basses with Schaller locks is quite sickening, I guess that's why my good one's have Dunlops!!
IMO, the extra money is worth spending.
Cheers,
Jord
Remember if you crank too hard on any threaded piece, you can strip it. I used to be cursed with this power. Now I am much more careful.