You tell 'em Rich, the flat tappet cams certainly aren't dead just yet.
I don't disagree with much that is written here-sure, there are things a roller cam can do that most reasonable flat tappet sticks won't. But in the effort of full disclosure I think it's noteworthy to mention that roller lifters tend to be heavier than a solid flat tappet....and the needle bearings in the lifters do come apart occasionally. And if you have a serious knot in that cam tunnel you will really need to use the new Isky EZ roll lifters and they are damn near a grand, and need to be rebuilt occasionally.
Granted they only need to be used with really aggressive cam profiles that require some serious valve spring tensions, but I mention this just so everyone doesn't think roller lifters are the best thing since electricity.
The hydraulic rollers are heavy, and rpm limited that may not bode well for a serious street/strip application. Probably not a big deal in a pump gas stroker that isn't going to turn 7500 rpm....but I have an old school gene that flairs up from time to time and when I jump on the loud pedal I like to let the thing sing to 7500 rpm or more if I'm feeling lucky.
I've used many solid and hydraulic flat tappet cams, still do actually. I've never had a problem with any of them and in fact my 600 hp 434 pump gas sbc is in the shop now soon to be fitted with a brand new Bullet solid lifter flat tappet bumpstick. And it is going to rock, if it doesn't shake the fenders off the car I'm going to send it back and get another one.
Rollers are the best option, yes, but I just wanted to make people aware that they do have some problems from time to time (and those errant needles can wipe out the engine) and that flat tappets still have usefulness. Matter of fact, NASCAR CUP and Nationwide cars still use them (I think the trucks use rollers).
And, one last thing....if you have a healthy roller set up you really need to check the valve lash somewhat often...if you find the adjustment is off consistently on one or more lifters you really need to pull the lifter(s) in question and take a look at them.