I'm pretty certain that the AZ mounted version of the Startravel 120 comes with a 45 degree diagonal, whereas the EQ mounted version comes with the 90 degree diagonal.
Between a refractor and a reflector, I definitely agree the frac is a thousand times better for terrestrial viewing. As a previous poster said, before editing it out, a reflector is about as useful as a chocolate teapot. I loved that!
The size-price relation is one of the main advantages of a short-tube refractor, and perhaps to be honest the only one.
If you really want to get close and personal with the Moon you need higher magnifications than a 600mm focal length is capable of giving. I have a frac with the same aperture, 120mm, but a focal length of 1000mm, with this I have no problem achieving good magnifications of x250 or well above (always depending on seeing conditions). As the Moon is so bright, I don't need the light gathering properties of a larger aperture, and in my opinion a frac gives better contrast.
Chromatic aberration is a problem with Achro fracs. The problem increases with shorter focal ratios. CA on my telescope (f8.3) is present but I can live with it, and the good news is the older you get the less you notice it! There are filters which can reduce this effect such as "fringe killers". Otherwise you have to spend a whole lot more money for an Apo which generally use a triplet lens made from expensive glasses.
However if you want to look at very faint objects such as the dimmer DSOs, you do need aperture. Without this ability to gather light, your range of object magnitude is much more restricted. An 8 or 10 inch reflector will, sadly, give my frac a sound thrashing!
For visual observing (as opposed to astrophotography, which is another kettle of fish) short-tube refractors have the worst combination: lack of aperture and lack of magnification. A short focal length is also much more demanding on eyepieces, often you just can't get away with the cheaper options, and this can translate into serious money. Others may disagree but that's my personal take.
If you really want a good 6mm EP with excellent eye relief, you might consider a Pentax. But then again, as this will cost as much as your whole telescope, you might pass!