OK, I did 5 minutes of quick research so take this for what it's worth.
Keeping crud (not including water) out of your tanks and guns is accomplished the same way on the Omega Super Charger ($1850 at AoA) and the cheapo Chinese compressor. Small paper air filters fit on the air intake. That keeps dust, hair and such out of the system. Same on both systems.
The Cheapo Chinese compressor also adds a small filter on the high pressure side to catch any debris that made it through, and collect any oil that might have migrated into the compression cylinders. I didn't see an equivalent on the Omega, but then again, pictures can miss a lot of details.
The real difference seems to be an Auto Bleed system on the Omega, vs a manual bleed system on the cheapo compressor. On the Omega, you can set a time interval of 1 to several minutes and it will automatically bleed off condensed water and blow it out the back of the system. The Cheapo compressor has the same bleed valves, but they aren't automatic, you have to unscrew them manually during the session. Bleeding during the full session seems to be the best way to keep water out of the tanks, from what I can see.
I have a couple home, 150 PSI compressors as well and they make a lot of water, but, there's no bleed system, they just compress everything including water vapor directly into the tank. The high pressure compressors seem to have a system to collect the water for later bleeding.
Anyone have a different opinion? After all, all of the above is based on a few minutes research???!!!