I have the 1/4 in. Foot with guide which I use all the time. The guide is handy.
I recall watching one of the Pffaf videos and the "instructor" suggested using a regular foot, moving your needle to the right to get your 1/4 in. and have the fabric over more feed dogs.(You would have to do a test for accuracy) Same idea with this foot but it has the guide. Presser feet aren't exactly cheap so it is a personal choice.