How many rounds a month do you shoot? Really shoot, not what you'd like to shoot. If you've done this for a while now you should have a good handle on reality and how often "real life" let's you go and play.
What other things do you do at home? Wife and kids or single and dull your brain watching TV? If you've got a busy home life you may not have time to use for reloading. Or your time might be rather limited. On the other hand if it's a case of giving up a couple of hours of TV to reload I'd say your IQ will thank you for switching the flat brain buster off and reloading with some good tunes in the background.
Or do you have a job where you can ask for and work overtime pretty much whenever you want? If so then it's likely easier to just do that if you don't hate your job than to buy the reloading gear.
If you do decide to get into reloading because you have the time and you don't want to or can't work overtime to buy reloaded ammo then how many hours can you put into reloading? That might direct you to your press choice based on fitting the amount you need into the abiilty of the reloading press. If you can easily reload all you need for a month in an hour or less on a totally hand fed Dillon Square Deal progressive then you really don't require a 650 with all the bells and whistles. Or maybe if spending an evening at it lets you build up a 3 month's supply easily then here again you don't NEED a bigger, faster and more expensive option. Ask and answer these questions to yourself and don't just buy big because someone else did. Fit the solution to what is really your present and short term future needs.
I've got a Dillon 550 and I find that even hand placing the casings and bullets I can comfortably load 400 or a hair less per hour. A Dillon Square Deal would be the same. What you give up with the Square Deal is being able to use regular dies. But the Square Deal is intended to be primarily a one caliber machine. A 650 with case and bullet feeder would cost more, take up more room but it would let you run off up around 600 or so per hour. But without the casing and bullet feeders a 650 will run at only slightly faster than a 550 or SD just due to the auto indexing. It's the self feeders that ups the game with that press and the other higher end options. A fully set up 1050 is up around 1000 per hour. Or maybe more like 1500/hr if you set it up with the power lever and simply need to keep the primers, bullets and casing stages filled up.
Keep in mind that you need to include time taken for stocking the bullet and casing feeders and primer tubes. It's not ONLY about pulling the lever.
I'd put the Hornady AP at around the same ability level as the 650 depending on if you set it up with auto feeding options.
So which round count per hour fits in with your needs and time?
You say that you need to consider the cost of your time. That only applies if you have the option of working overtime instead of reloading. Otherwise trying to price your spare time in dollars is meaningless. You're not getting paid for doing anything else so you can't try to pin a cost onto any substitute activity such as reloading.
If you want to put a value on your spare time then it's only valid to consider the time cost for reloading time if it takes away from family, friends or some other activity you'd be doing if you were not reloading.
WHO BUYS 9MM BRASS ! ? ! ? ! ? ! ?
If you shoot in any sort of organized handgun matches 9mm is free for the effort of staying behind and picking up after all the equipment is put away. And the brass is good for a dozen or so reloads before it starts splitting. I've got thousands of 9mm casings and never paid for a single one other than the effort needed to bend down and pick it up. Just start saving now and you'll have a couple of thousand by the time you decide to buy a setup or not.
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