I'm very much with
@loccdor in that these are both perfectly competent products and in the right hands they will produce results that are indistinguishable in a controlled double blind test, in most lighting and common photography conditions.
Having said that: for me personally, I have stopped playing around with Kentmere 400 in 120 altogether given that here in the EU HP5+ is just a few cents more per roll. I don't understand Ilford pricing.
At current prices available to me, HP5+ is now my main budget 120 film option.
For much better film, at the next price bracket, I am more and more leaning towards TriX, which I'm finding (in my own workflow, for my own needs) a superior film to HP5+ in all ways, and a
noticeably different film all other variables being the same.
I am in fact puzzled by people reporting HP5+ to be largely equivalent to TriX. Must be again a question of "poor user tolerances" as discussed above by some. Or perhaps historical opinions by people using older versions of TriX.
Having largely abandoned Foma in 120 due to the problematic QC alone, I now use HP5+ as my daily budget option and TriX for when results really matter. Kentmere doesn't really register anymore.