It depends on quality. The cheapest engineered have a
rotary cut top or wear layer. The reason that is used is it has the least amount of waste. The problem is wood will attempt to regain it's orginal shape and rotary cut lamella (layer) on floors are notorious for cracking and peeling. What you want to look for is a plain sawn lamella (top layer) that is at least 2-4 mm thick (the company I rep only makes 4mm top layers.). A 2mm thick top layer can be sanded once, a 4 mm top layer can be sanded 2-3 times which will give you a lifetime of use. To contrast a solid hardwood floor can be sanded 3-4 times.
There are actually some advantages to a quality engineered floor. One they are less likely to be affected by changes in humidity (given floating or glued down with a 100% urethane glue) as the whole floor tends to move together. The other is they can be installed below grade over conrete. The last is they can be floated which makes installation 10x easier than stapling/glue down. The disadvantage of floating is if your subfloor is not near perfect, resanding it down the line will be difficult if not impossible, and it is possible to have places on the floor that flex when you step on it. A glued or stapled down engineered floor will not have those issues. Acoustically you can match the sound of a solid floor by putting cork as an underlayment. That will raise your job cost by 30-50 cents a square foot.