well ok but then the question is not "good or bad", but "what are the trade-offs?". i'm one who thinks the question is often more important than the answers.
ok, the trade-offs:
ha ha ha.
i want the internet wired to my brain so i can send quasi-telepathic insults all over the planet. and can you imagine the porn downloads??
i don't know what's lost. computers are fucking great. i still write with a fountain pen though, just because it's delicious.