It isn't necessarily a case of either/or though anyway:
I have a Canham 617 back:
I use it on my Arca-Swiss 5x7,
made a dedicated P&S front for it, turning it into a hand-holdable panorama camera (75mm SW-Nikkor)
and also use it on a third, (obviously also custom made, waterproof, tilt-lens) camera.
Main reason for having it is useability: Apart from handling issues, there is less stuffing around with split darkslides and also the sparse number of 5x7 color emulsions about.
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