I've got a 110 volt Lincoln Weld-Pak 100 which I run flux-cored wire, and I've got a Lincoln AC/DC 225 "Tombstone" stick welder.
What are your needs/expectations? If you want to weld lighter stuff, like mower decks, or thinner structural stuff up to 1/4 inch, the wire feed is outstanding. I've only had the thermal breaker trip twice in the dozen or so years that I've had the wire feed, and that was after many minutes of welding very thick stuff. So IMHO the concern over duty cycle is exaggerated. Most welding (around my place at least) involves a minute or less of actual welding, followed by fitment, figuring, cutting, etc....And the 110 volt operation is extremely convenient--for example, the mailbox needed welding, and it's anchored into the ground with cement. Kinda hard to move it into the shop. But no problem with the wire feed, run a 12 gauge extension cord out to the mailbox and weld 'er up.
Now if you want to weld lots of 3/8 stuff, then I can see going to the 220 volt model-- but that's what my stick welder's for.
I'm not going to weld a thin-gauge mower deck with my stick welder. (However, at least with the wire feed--regardless of whether its 110V or 220V-- you can turn the current way down and have more control than with a stick, again IMHO)
But before I got the stick welder, I welded up lots of stuff with the 110 volt wire-feed. Like an engine hoist, various brackets, bearing pullers, etc. Clean the steel to bare steel and it can do surprisingly well.