I wouldn't say more discreet or efficient, but cheaper yes, at least in the short run but there will always be systems that are hard to hit with a balloon due to their height and if all they need is some solvent in a backpack sprayer to undo your work then in the long run you'll need to buy a lot of paint and balloons. Efficient to me is carrying something that fits in a backpack and can be charged on a home outlet and take out hundreds
It does have a much lower upfront cost though which is a consideration