What Cloudie said.
FYI: funny as this may sound, lead is classified as a 'precious metal' (or 'semi-precious metal') and gets priced accordingly. The pricing is very volatile, related to all other similar commodities on the market, and is therefore very hard to budget over a long-term product range. 'New Hunter' (post-1982) went with cast iron because all their designs changed and it is much cheaper. Also it's 'safer' (a very relative term!) to cast in shapes, such as the winged keel (if you read Olin Stephens' All This And Sailing Too, you'll understand why I too dislike winged keels on cruising boats).
As far as maintenance, I think cast iron is foolish economy. I've done work on both. On Diana I scraped and sanded the lead down to bare metal and even filled minor cracks and chips with real lead, a little like I was working on a 1950s hot rod. It's easy to work with and, properly coated in epoxy, lasts far longer than iron ever will.
I don't see any clear benefits of iron over lead for the boat owner, only for the boatbuilder (#theboatbuilderisnotyourfriend).