I agree with the above that a butterfly valve would be the better choice regarding sanitation and CIP concerns, but OTOH I have been using ball valves in my system for a very long time without problems and none of them are the three piece design. IIRC, butterfly valves are also considerably more expensive than ball valves, but I will admit that it has been a long time since I did a price comparison on them.
Now then, for more precise flow control, I switched over to gate valves on both my pump and my elevated (gravity flow) HLT. There is a day and night difference in the flow control precision and no downside that I can detect. I do practice thorough cleaning and sanitation procedures, but I also do not go to extremes. I don't autoclave equipment and such and I have never had an infection or contamination problem to date. IMO, you either have to be very careless with your cleaning and sanitation procedures or be very unlucky if you have ongoing issues with contamination. If it were very easy to go wrong, it would have happened to me by now. I'm generally not a lucky guy, so if beers were gonna go south with any regularity, they would do so with me first.