They're great at first, but then let's say you need to subdivide pieces of the generator into helper functions for better organization. Or yield recursively. Turns out you can't, because yielding is A) syntactical and B) can only be done from the main function body.
It took us until Python 3 to replace "print x" with a more sensical, functional "print(x)". Yet for yield we are stuck with even worse arbitrary syntactical rules for "yield x", instead of being able to do "yield(x)" where it yields to the wrapping generator\coroutine from wherever it is in a call stack. The result is nonintuitive, less-refactorable code.
http://lua-users.org/wiki/LuaCoroutinesVersusPythonGenerator...