Graphite v steel, I am very biased as my whole set has graphite, and I play mid seventies most of the time. I am surprised that graphite has not taken over completely in golf (as in tennis, badminton and lots of cycling components, especially wheels), as the benefits are great - low weight, extreme strength, shock absorsion (very important if you hit down into the ball and don't want injuries).
All the pros use them on drivers now, so the argument that steel is more accurate can't hold up (I would rather be 5% out on a 150 yd shot than a 300 yd one).
Interesting to hear peoples views, as I suspect we are all influenced by our peers and the big boys on tour.