W3TC on Shared hosting?

If you have shared hosting and can only use “basic” disk caching option, I’ve heard there are better caching plugins than W3TC, is this correct?

It seems with the latest update to W3TC many on shared hosting are stuck with just “basic” disk instead of “enhanced” disk option.

http://wordpress.org/support/topic/plugin-w3-total-cache-disk-enhanced-option-disabled