I own and use the first two you mention, the Iwata and the H&S.
They both spray just fine, about the same, I'd say. I prefer the H&S for 4 reasons;
1. Ergonomics, it just feels better in my hands.
2. Trigger pull, it is smoother and again, feels better
3. I can completely disassemble the H&S without tools, not the Iwata
4. The nozzle gets stuck in the end cap on the Iwata, making it impossible to change to different size nozzles without purchasing another end cap. I bought a new nozzle and end cap, and the same thing happened again. Unacceptable to me.
I have no experience with Grex's, but I can say at last years nats they were getting a lot of attention and selling like hotcakes, whatever that might mean.
A note on the H&S; I guess some folks really like the .15mm nozzle/needle. In my personal experience, spraying acrylics, the .15mm combination has been useless, but I'm probably missing something.
I would think Don Wheeler has written about the airbrushes you ask about, might be worth a look on his site.
Hope this helps and I'm sorry this post got so long.