Since the circuit level proxy does not anayze the application content of the packet in making its decisions, it has lower overhead than an application level proxy.
“More difficult to maintain” is incorrect. Circuit level proxies are typicall easier to configure and simpler to maintain that an application level proxy.
“More secure” is incorrect. A circuit level proxy is not necessarily more secure than an application layer proxy.
“Slower” is incorrect. Because it is lower in overhead, a circuit level proxy is typically faster than an application level proxy.
References: CBK,pp. 466 -467 AIO3, pp.488 -490