couldn't disagree more.
I have just been using Phat material (didn't have any tnn pads) and have just swapped to LGM material on the same bike, same brake, same grind, so I had a direct comparison.
The Phatpad material is great for bite, the grind I had was very light and I was surprised by how loud the brake was. The hold was pretty poor though, it would slip through unless I pulled extra hard, this has been my experience every time I have used that compound (and also the reason why I love it for vee brakes).
When I put the LGM pads on (as I said, same grind etc) the bite was also very good, possibly better than the Phats but the hold was noticeably better, the brake honked both forwards and backwards rather than a honk forwards but a "whooosh" backwards on the Phats. I found both compounds work well in the wet too.