So after getting IPSEC running using racoon and SPD after reading the howto It occurred to me that doing PSK with SPD directly instead of using racoon for a simple point to point setup seems a whole lot easier. (plus no ports needed for automatic keying).

Can somebody give me the reasons why I might want to stay with racoon over SPD on a simple setup like I described?

thanks and apoligies for any factual or logical assumptions above as I'm fairly green with IPSEC.