As a vintage equipment diver I have grown accustomed to being neutral, using my drysuit for primary buoyancy (no BC) or with a lift bag or SMB when in a wetsuit. Because of this I am pretty pro balanced rig whenever possible because I see how less effort is needed for vertical movement.
I know not every dive can be done balanced, though I think more people could be closer to the mark if they worked at it.
I get a little nervous when using my DS if I am overweighted because the bubble needed for lift can easily burp the neck seal (neoprene) and even mess up the fold, creating a less airtight seal. This would not be fun if deep or stressed. I particularly think a stressed diver could be prone to this as they go vertical in an attempt to swim up. My Bare bilam was not bad for this but my Pinnacle Black Ice burps at a whim.
That said, for deeper modern dives I use a DS, single wing, lift bag neatly bungeed to my BP, and have a SMB pre-loaded on a finger reel in my pocket. Lot's of options, all of which I can use for lift. If I were diving the tropics I would probably use a WS and lift bag/SMB bungeed to plate.