We do the LW and sticks as well. I do it just because A: I don't have the money, and B: I don't mind the set up.
I agree it can be more work and sometimes I've actually called in a buck by the scraping of the bark with the sticks, but a headlamp and putting up in the morning can actually warm you up a little and I actually enjoy the fact that you're mobile if you need to be.
I think everyone makes valid points and it sounds like each person will defend their way of setting up. If I had the money, I'd put tree stands everywhere and slip in, but I don't; so I'm forced to take pride in a set-up and enjoy making something work sometimes.
Hey, bucks aren't racist towards tree stands and sticks, so if one comes by and he doesn't see you and smell you, it's on!
Good thread, I enjoyed the reading.