As far as greater control using manual/hand tools, not in my opinion...... and if so, only if you are very skilled.
Here's my thinking. If I set my table saw for a width of 2" and make a test pass and measure it, it's gonna be 2" no matter what. If I have a power planer and set it to 2" and run a test pass, it will plane all the succeeding boards to that dimension in a heartbeat. If I want to handplane a board to 2" it will take several types of planes, several passes over the rough stock, and several measurements, and repeated sighting to insure that it's a constant 2" along the length... that require some special tools and some good skills and considerably more time.
So, time and accuracy are interrelated. If time is NOT a factor then handplane to your heart's content. If there is this "connection" as some woodworkers describe it, between the material, the process and the woodworker, and that is important, then go for it. In my case the connection is not as important as getting to the finished product, so I'll use the best, most accurate and least time consuming method I have at my disposal.
In my case, I have a pretty good collection of handplanes, Japaneses gouges and slicks and Robert Sorby mortising chisels and all are beautiful to look at and work with. I use use them when the operation requires it and it's very satisfying to see the results. A Japanese type pull saw is often just the right tool for my needs and no ther saw will work. As with hammers, screwdrivers, pliers, etc., there is no one tools that will do every task well, so you end up with more than one type of plane, chisel, gouge, etc. and pretty soon you have a "collection".