make-variable-buffer-local vs. make-local-variable

[Miles Bader]

I'm curious if there's any concensus over which is a better way to
define (purely) buffer-local variables for a mode --

  (defvar foo-bar ...)
  (make-variable-buffer-local 'foo-bar)
  (defun foo-mode ()
    (setq foo-bar ...))

or

  (defvar foo-bar ...)
  (defun foo-mode ()
    (set (make-local-variable 'foo-bar) ...))

-Miles
-- 
Love is a snowmobile racing across the tundra.  Suddenly it flips over,
pinning you underneath.  At night the ice weasels come.  --Nietzsche