A properly adjusted Shimano rear hub will spin much much *very* much smoother than a hope, and the bearings will most probably last longer. Unfortunately they seem to come very badly adjusted from the factory.. Often they're way too tight so that they do tend to fail prematurely. They should be left with a tiny amount of play that the QR takes up.
Cup and cone hubs on suspension frames can also self-loosen due to the torque applied from the brake.. A classic problem with Kona Stinkys etc.
Most people don't do the locknuts up enough either as it's a hassle without an axle vice.
The good thing though is that you can get a complete hub for peanuts and rob all the internals (cups included) for less than their separate prices.
Overall, I like them. I'm really not sure why, but I do.