I would like to do some comments about this matter
Unfortunately there is no absolute reply to your question. Both watches are Super reps, but as always both have pros and cons
I will try to summarize them, firstly talking only about the model, without considering makers or versions:
CASE, BEZEL, CRYSTAL, CROWN GUARD, CROWN, STRAP
These parts should be the same for both watches if the maker and version is also the same. Therefore, regarding above mentioned parts both watches are the same.
DIAL
PAM 111 has sandwich dial. This type of rep dial is more accurate than rep sausage dial of PAM 005. Noob sandwich dial is almost perfect. H maker dial is good but has less accurate inscriptions and less shallow cutouts (clearly inferior IMO)
As above commented PAM 005 has sausage dial. This rep sausage dial has never the structure of the gen and, although the last improvements, rep sausage dials have still very different lume structure from gen.
That said regarding dial is better PAM 111
CASEBACK
PAM 111 has display caseback, nicely finished and accurate in all good makers. However Noob is better than other makers.
PAM 005 has closed caseback, nicely finished and accurate in all good makers. Noob is also better.
I prefer the display caseback whih allows seeing the nice 6497 movement. But that allows to see the inaccuracies of the rep movement.
MOVEMENT
The rep movement is accurate enough and the finish is also nice in any good maker. Anyway the rep clone movement 6497 has some obvious flaws in comparison to the gen, and, as above commented, a display caseback will allow to see all those flaws easily. Of course the flaws are evident for a trained eye, but remain hidden for almost all people.
Now you should decide between inaccurate dial and nicely visible but inaccurate movement, because the rest of the watch will be the same. This is just UP TO YOU.
MAKER AND VERSION
Regarding the maker we have a more controversial matter.
At this moment we are in a transition period because makers are changing from “old” to “new” casesets, and makers are making some inconsistencies on quality and are mixing new and old parts in their productions
Noob is now changing V3 to a better and more accurate V4 caseset. But not always you will receive a complete V4 caseset. You could receive a V4 watch but usually with V3 crystal, CG lever (always), V3 "fat" crown (almost always) .. etc... Sometimes you receive a transition caseset form V3 to V4.
A complete Noob V4 watch would be the best available option so far, but, as above commented, that rarely happens.
H maker is also in a transition period from "old" to "new" cases and the production is a bit inconsistent, with nice cases and a bit worse ones. Besides the final and "correct" H maker caseset has always worse CG than Noob version and the edges of the case are sharper than gen and Noob, the bezel has also sharper transition edges with a higher base enhanced by the sharpness of the transition edge.
Therefore not all depend on the version at this moment and we need be carefull with QC pics and we have to assume we can receive a no completely "new" watch
The best option of caseset so far?? maybe waiting for the complete V4 Noob watch. Unfortunately nobody knows when that will happen
Which dial to choose?
If you like PAM 111, the best sandwich dial is without doubts Noob
If you like PAM 005, the new rep sausage dials have improved a lot, and H maker dial has very accurate APPEARANCE, because, as above commented, gen structure is completely different. Noob new sausage dial is also good and maybe is almost the same or 90% of H make on quality.
Therefore I would choose Noob for PAM 111 and for PAM 005, assuring by QC pics that you are receiving a new V4 case as complete as possible
ALE