This exercise is an example of how cable work has some advantages over a barbell in that the loading curve matches the strength curve, so there's constant tension on the delts from start to finish.
The other advantage is that most of the initiation of the movement comes at the shoulder joint rather than the elbow joint. The synergy between these two components makes this movement an awesome shoulder developer.
One of my central operating paradigms is the realization that all methods, devices, philosophies and techniques involved in strength training have specific benefits and drawbacks. If your training lacks sufficient diversity, you'll accumulate the drawbacks and habituate to the benefits. And that ain't good.