Hi, Murphy, welcome to TBN. It's fitting that your first post is about the transmission debate, because there's probably been more words written over that than any other subject, with the possible exception of which oil to use. I think you would enjoy doing a search for the past threads -- click "Search" on the menu and enter "hydrostatic manual" or some such.
However, now that I'm here, I'll expound a little. I think that by now, most of the TBN folks have more or less agreed that hydro is better for almost everything except ground engagement (plowing, etc). However, the jury is still out on whether hydro is up to the task of large horsepower tractors. The manufacturers give us a clue when they use various type of shuffle shifters on the bigger tractors -- the best allow going from forward to reverse without a clutch, with the flick of a switch. Either they think the shifter trannies will hold up better in the bigger tractors, or the shuffle shifter becomes a more economic choice when more horsepower is present.
Your range of 30 to 50 HP is probably right on the fence. There are plenty of 30, 33, 35, 40 HP tractors available with hydro; most of the gear versions for the smaller tractors are straight gear and clutch without any fancy shifting gizmos. In the 50 HP range there are fewer with hydro; most have some sort of shifter gadgets (I'm talking newer tractors, here).
However, there are other differences between the top and bottom of your range -- the lower end is probably a smaller chassis with less weight and less capabilities in things like lifting power. The best thing you can do is tell us more about how you plan to use it, and what your terrain is like. It's worth taking the time to get into details, considering the amount of $$$ you'll likely be spending.