One thing I've found is that in a scrolling interface, I tend to neurotically scroll constantly, keeping my actual reading visual field at the top few lines of the scrolling area. I.e., when I can scroll, I will, constantly.

Card-based, or paginated reading interfaces, on the other hand, allow me to relax because I know I don't have to page over until I hit the bottom of the current page. The constant (very) low-grade anxiety is gone.

Not that that's an overwhelming argument for pagination, but it's not a point I see addressed ever. I agree with most of the other points, e.g. lack of indication of length or place. But they seem pretty easily addressable.

There are compromises, too, like a scrolling interface with a page down mechanism, but I've found that they're not as satisfying as a horizontal pagination.

Part of this might be having grown up with physical media.