Now that the old days are long gone and word processors come preinstalled with every machine, why should we care about this remnant of history? The answer is that remarkably LaTeX is much better suited for composing and distributing most types of documents than any other modern word processor on the market that I am aware of. Just like programming languages tend to converge towards Lisp because it got things right the first time around, so do the Word Processors tend to converge towards LaTeX.In the last few months almost all of my writing has been done using LaTex and most of my development in Common Lisp (using another old program: Emacs). I love to experiment with new technology, but I use whatever is best for a job to support my family.
I blogged a few years ago about this: in the distant future, I wonder if people will be using ancient software that has been thoroughly tested over the centuries, is bug free, and seems 'just right' feature-wise.