I moved to DVD right away despite having a ton of VHS because I saw one additional big benefit besides better video and audio: they took up a LOT less shelf space lol.
I, for one, was quiet pleased at the death of magnetic tape storage media! It's just such a hassle.
Granted, I am too young to really remember the reel-to-reel days, but I completely hate cassette tapes and VHS falls into that category by default. And, of course I hated 8 tracks, but cassettes did improve upon that.
I know that magnetic tape is still used for archiving purposes, and it seems to be quite useful for that.