I thought the main advantage of the tank vs tankless is, its mainly a point of use solution, ie, you get instant hot/heated water, and you are not heating water running thru uninsulated pipes, over a long run, meaning smaller tankless at as many locations as you have/can afford, and you don't need to constantly maintain gallons of hot water away from its point of need.

Reality check, that half the population is smarter then 50% of the people and it's a constantly contested fact.