Hello pixel_Killer,
I think I would prefer using the ultra setting and clean up the dense point cloud later. The reason is that in a few projects I have seen small step-like artefacts which occured under low, medium and high settings but disappeared under the ultra setting. But yes, you're right, how am I going to handle a 300 GB point cloud file?
A good idea (Alexey, are you reading this?) would be an additional option in the "export dense point cloud" feature where the user could specify not only the quality settings (low, medium, high, ultra) but also the maximum number of points (and perhaps yet another choice: select points by quality or by spatial coverage). Which reminds me that at some point I have seen a remark in this forum that it would be nice to also have a quality tag for every exported point.