When comparing Google Hangouts vs QKSMS, the Slant community recommends QKSMS for most people. In the question“What are the best SMS apps for Android?” QKSMS is ranked 4th while Google Hangouts is ranked 17th. The most important reason people chose QKSMS is:
When a new sms is received, a window will pop up that has the message and allows answering it from there, without having to open the app. It can be dismissed by tapping anywhere else on the screen.
Specs
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Pros
Pro Mobile support
Hangouts offers both an Android and iOS app so users can participate from nearly any mobile device in addition to his Desktop.
Pro Screen sharing
Any user can share his screen (or only a specific desktop or window) while still continuing an audio conversation.
Pro Free group video support
Hangouts works with up to 10 participants using video out of the box or up to 15 if you are a business, government or school. It determines who is the primary speaker at any given time, and the camera view automatically switches to that user.
Pro Useful for businesses
Hangouts can scale to become a videoconferencing solution for an entire company, since the software can run on nearly all platforms. In fact, Google itself uses Hangouts as its meeting room video conference software.
Pro Easy to start using
Hangouts is integrated with Gmail & Google+, does not require you to download desktop software, and all chats can take place directly in your browser, significantly reducing the barrier to entry for a new user.
Pro Completely free
Google offers all features of Hangouts completely free. There are business, education and government solutions that increase the participant count to for video calls to 15 and offers support.
Pro Cross platform
Hangouts work on Android, iOS, Chrome OS, web and as a Chrome extension.
Pro Live broadcasting and instant recording
With Google+ “Hangouts on Air”, you can broadcast any hangout to an unlimited audience via your Goolge+ Profile or simply a generic YouTube link. Moreover, any Hangout on Air (public or private) is automatically saved as YouTube video that you can keep for private reference or use in any way that you would normally share a YouTube video. This allows you to record conversations without additional obtrusive software.
Pro Google Voice integration
Allows for a fixed phone number, receiving and making calls. Calling US or Canada is free.
Pro Integrates with Google Maps for sharing locations
When chatting with people while trying to plan a meet up, the share map button can be extremely useful.
Pro Android app does both sms and hangouts messaging
Pro Allows responding to SMS without opening the app
When a new sms is received, a window will pop up that has the message and allows answering it from there, without having to open the app. It can be dismissed by tapping anywhere else on the screen.

Pro Per-conversation notification settings
Users can set different notification settings per user as an easy way to know who is messaging without having to look at the actual message.

Pro Easily communicate with groups
Users can communicate with large groups at the same time due to the included group messaging feature. This is convenient when trying to synchronize with friends or colleagues.
Pro Very active developer who listens to the community
While QKSMS is one of the younger apps, the developer is quickly adding features/fixing bugs.
Pro Free
The app is available for free with an optional donation IAP that ranges from $1-$10.
Pro Beautiful design
Responsive, highly customizable Material Design interface makes for a native looking app that fits in well with Google's UI design guidelines.

Pro Save yourself from sending out bad messages
Through delayed messaging one can set it up so that a message is not sent automatically. This can help for those times that it may be best to think something over before sending out a rash message.
Pro Readable in day or night due to themes
There are light and dark themes available within the settings which can be switched depending on how light it is around one when using the app. The dark theme can also help to conserve battery when being used as not as much brightness and hence battery will be used.
Pro Schedule messages
Users can schedule messages to be sent for later.

Pro Convenient Android Wear support
Those that own an Android Wear device will be able to set it to receive their messages on the Android Wear device making for convenient notifications and easy messaging through not having to take their phone out.
Cons
Con Poor video call quality
Only goes up to 720p30 + low bitrate.
Con Owned by Google
Con Lacking clients for older versions
Con High hardware usage
Con Not recommended for long sessions

Con Won't work on Windows 8-style UI
As Hangouts uses a browser plugin on the desktop and it doesn't work with Windows 8-style UI, it has to be used in desktop mode.
Con Last update was 2021
Con Buggy
There are little annoyances here and there, from dark theme problems making text unreadable to crashing and missing notifications.
Con Lacks features compared to other offerings
