It seems every company has a variation on how a die lock ring should work. I like split rings best, but on the top of a progressive all those rings get crowded. So Dillon went to a simple thin hex nut! Lyman did that over 75 years ago with the All American 7/8-14 dies! (I used to buy them in boxes of 100 at the plumbing supply!)
I too dislike the O-ring stop nuts, but there are some advantages, and some disadvantages. Some nuts are steel and some aluminum, for durable dependability I like steel! The set screws are for holding adjustment, and being able to unscrew the die and hole the adjustment. That only works if all your loading is done on the same press! So I never use the set screws feature!
Ivan