Apple has broken Time Machine enough times that I would never consider using it at all anymore. Once upon a time, it was really neat, had great integration with Mac OS X, and an amazing user interface and experience, but it's now clearly technology that Apple will probably eventually drop entirely in favor of something less impressive all together, like telling you to buy more iCloud Storage.
Hasn't the issues always been related to remote Time Machine? I have a usb drive I use and haven't heard of any issues with that setup. Am I missing something?