Ron,
I'd recommend the 4690 if the price difference isn't compelling. The deeper digging depth is one advantage, but I actually found the limited reach of the 6 1/2' hoe to be quite significant compared to a 7 1/2'. In my case I was comparing a Woods 6500 with a Kubota 4690. The longer reach means less repositioning of the tractor, the ability to dump material further away from the hole, and generally much more flexibility in how/where you work. If I recall correctly the 4690 has more bucket and dipper power too.
As for pricing, I found the Woods 6500 to be around $5500, the 4672 to be about $6300, and the 4690 to be only a little bit more than the 4672 (maybe $6900, but it's a guess). All prices are for new equipment.
Peter