I really like a cordless drill. The trick is to check Consumers Reports and follow their recommendations - not all drills are equal. I often grab my drill for quick jobs and not having to mess with extension cords can save a lot of time. OTOH, I ttoally agree with Art about the durability of corded tools. I still use some of my tools of similar vintage and they are great

Of course, there is still another type of cordless drill - the vintage hand powered type. They work well too and present no battery problems....

My rule of thumb is that every significant project yields another tool for my collection.