Trade Paperback or Hardcover?

I always found Paperbacks far easier to read, but I know some people swear by hardcover. To me, it's just more awkward. I've only gotten it when I can't collect it in some other form.

So what are people's preferences? I'm leaving out single issues because there are a lot of other factors that go into that. I love them too, but I couldn't possibly afford to have only them.