IMO, the hard cap is very important which others doesn't seem to find a key feature. [...]
Point is, why?
Its like this, you can always get a single individual/group to set up up multiple pools in PoW/PoS, or multiple delegates in DPoS and grab more share than what it seems. But the hard cap means that it is more complex to get the same control.
Say, Ghash sets up another couple of pools anonymously (or maybe even does), or makes buddies with a couple of other big pools, then it already has control. In DPoS on the other hand, he/she/they have to go through a lot more trouble (some 50 delegates in case of BTSX) to get the same control.
Besides, say, a pool offers incentives, then everybody will naturally flock to it. Sure, at some they might start getting worried and not go, but as we have seen in the Ghash case, appealing to the better sense of the mining equipment owners doesn't work to well. They might not even be too worried about the long term health as they might be just looking at it as a business. In DPoS, the hard cap means such a scenario is not possible, and you have to also keep in mind that the users of the coin are the ones who are voting.