I have a small marble mortar and pestle for spices but have been eyeing a bigger molcajete for some time now.
How much material are you planning to process at one time? Grinding things to flour by hand can be tiring in my
experience. It is a workout even to get a
course grind type flour let alone a finer flour we may be more used to. I find molcajetes are really good for softer things such as salsa but it does do grinding all right.
I'm pro-molcajete, treat them reasonably and they will be there for you. They are more fragile than a mortar and pestle but not fragile in the sense you have to baby it. I'd recommend if you get one to grind some rice in it to 'cure' it and get it ready for grinding duty.