Hot girls are not terribly pleasing to me. Sure she's attractive, but that doesn't mean she has to be the nicest girl or have any chemistry. Not to mention if she's hot, she probably knows it which can be a total buzz kill.
With a cute girl, she's not only attractive but heartwarming in some way. Cute is a package, while hot is more of an image.
I don't particularly care. A hot girl is really exotic and that could be appraised in certain cultures and the same holds true for cute girls. Depends on the types of girls you were raised with but personally, my eyes would be caught in the hot girl's net over the cute girls'. No hate on cute girls though, I love their innocent looks, pondering that there are many surprises behind those cute faces. Both are delightful.