Sticking to physical for another couple off years until the bugs are worked out.
Some providers are better than others at generating and replacing esims. The worst one I came across was Vodafone which removed passwords from their accounts and instead texted a code to log in - of course this is impossible without access to a sim, so good luck I suppose.
Sure, but often when a phone fails you can just buy a new phone (or borrow a temporary one) and be able to restore your connection without a carrier's intervention.
I travel a fair bit, all this makes me think how hard this would be if I was in, say, Europe and my phone was stolen - to get a new physical SIM I’d need to visit a physical store in Australia! Perhaps I could have a family member visit and send it to me in the mail, but in just a slightly different situation the physical SIM is potentially a lot more problematic!