Power Pro for me, I hear Suffix is some amazing stuff though!
As long as your not fishing in gin-clear water, visibility should not be a problem. Digging into the spool is a problem, but that can be eliminated by lining the spool with mono first, and then braid. In fact, I like to put a pretty good amount of mono on there as backing to 1) eliminate digging caused by un-backed braid, and 2) So I can put braid on more reels (it is expensive for a little amount)
It is not the ideal line for reaction baits or baits with treble hooks like spinnerbaits, buzzbaits, hard jerkbaits, crankbaits, topwater plugs, etc. as it's low stretch will cause you to overreact and literally rip the hook from the fish's mouth. I don't even really like it for frogging. Many people do, but I never fish extremely heavy cover and also I react way too quickly with braid. On the other hand, mono's elasticity will reduce the impact and will not rip the hook out from the fish's mouth.
It will take you some time to get used to the zero stretch of braid. You will have to learn not the swing for the fences when you set the hook; instead a flick of the wrist will suffice. Also, as a result of the zero stretch, no vibrations are lost meaning sensitivity is AMAZING. I mean you can now tell the difference between gravel and sand bottom.
Braid is a synthetic, nylon fiber so it will fray very easily against sharp or coarse surfaces like rocks, so it is not the greatest line for fishing in rocks and rip rap. It's abrasion resistance is otherwise very impressive.
Keep in mind braid floats so using it weightless with senkos isn't a great idea unless you like topwater/SUPER-SLOW sinking.
So, as you know, braid's tensile strength vs. diameter is incredibly thinner than that of mono and fluoro, meaning you can throw lighter lures, and put more on your spool. For example, the equivalent of a .010" diameter mono (6lb. test) in braid would be around the 20lb. mark. This being said, you can use a LOT more line of an equivalent or greater tensile strength. But, braid doesn't come cheap, so I fill about 1/3 of the spool with mono backing first, and then braid. You can add or decrease the amount of mono to your preference. Keep in mind that more mono on one reel will mean more braid for another reel.
Lastly, because braid is super strong (10x stronger than steel), no-stretch, and square in profile it can easily cut skin under tension. So if you get snagged and you want to pull, do NOT use your reel (you WILL break the drag), and certainly DO NOT use your hands to pull the line as it will most definitely cut through your skin. Wrap it around a solid object like a stick and pull.
But because of this, it is great for fishing in weeds as it will simply cut through the weeds with ease. It also is great for fishing timber because in the event you do get hung up in a branch, you can easily snap it.
And to address the problem of the coating coming off, YES it does come off very easily (at least for PowerPro) but I do not notice a difference in catchability, nor do other users. If it does bother you, you can always just run in through the tip of a black sharpie marker. Supposedly black is even less visible than green (good for fishing, bad for line watching).