I once wrote that 'tickets or tokens' is the Toronto equivalent of the 'boxers or briefs' question. Outside of the Metropass crowd there are two types of TTC riders: those who buy paper tickets and those who buy tokens.
I still prefer tickets to tokens. I can put paper tickets in my wallet - I slip them in front of my credit card. I never lose tickets. Tokens, on the other hand, get mixed with my loose change. I don't use any entrances unattended by a TTC operator, so I've been happily buying tickets for as long as I can remember.
That's all coming to an end this summer. TTC tickets are dying. After September 28, they'll no longer be accepted. The paper ticket is dead, murdered by counterfeiters.
I hate tokens.