I owned a 1020. It was alright as far as it was for a little plotter. As for generating documents of text.... not so good. The other choices you bring up would be much better for making printed documents. However, I remember back in the day, when I researched what printer I would want to buy and use, I decided the best options for me would something like an Epson dot matrix or the cheaper priced but yet very comparible Star printers.
I ended up with a Star Micronics NL-10, and then later at some point I also bought I think a NX-10. I remember having near letter quality which looked pretty reasonable for a dotmatrix, and still had the ability to do graphics. Something a letter quality daisy wheel could not do. Also daisy wheels cauldn't do different sized text fonts, other than what was on the wheel. Of course, wheel printer output looked just like a typewriter output, which was considered the standard at that time.
As printers cought on more (especially laser printers), their ability to have special text started to become the new standard, and at some point, a typed page was considered somewhat substandard and inferior. but anyway, im rambling.
That reminds me, I got a Star Micronics daisy wheel printer still sealed in its original packaging, I got with a Packard Bell computer that was also all still in the original packaging from 1989. (One of Those NRI teaching things that never got assembled) I also got a brand new Atari 1027 letter quality printer in its original box, never used (still has the little oil bottle even!) got the latter with an Atari 600 xl computer (in box!) And a Commodore 64c system with monitor.