I have gone through lots of articles on internet and finally decided to ask a question here to all experts.
-- Edits -- I noticed,
- I can manage event receivers in both almost same way
- I can create folders in both
- I can add custom fields, site columns to both in same way
- I can save it as list template and move it to some other site collection with data!
So, I want to ask what are what are differences when you think as an architech, developer, analyst or end user?