Comment by kevincox
I despise this. With username and password my password manager just fills it in and it is one click to click "login".
With email magic link I need to enter my email (it seems to rarely auto-fill for some reason), then wait (often it takes 10s for the email to be sent for some reason), then if I was logging in on something that isn't my default browser I need to copy+paste the link (often just clicking the link authorizes the source session but not always and you don't know what this site does so you need to do it to be safe). Now you are finally logged in but probably have two tabs open. Either you need to find the first one to continue your session (if it logged that one in) or close it and lose your history for that tab (and hope that the website actually maintained your target page which more often than not it didn't).
Nothing tempts me so strongly to give up and leave a site than needing to use a magic link to get in.
Sometimes it takes minutes. I have, on more than one occasion, given up on buying a product because of this. It's actually insane to me how much effort sites put into preventing users from using them.
I get it, most people are idiots with completely non-existent security hygiene, but man does it suck being punished because of just how low the common denominator is here.