I like braid for quite a few bassin techniques. It's great for wading the river for smallies and saugeye, as it allows for very long casts. It's lack of stretch gives great sensitivity and hook setting power at long distances. It's small daimeter also gets less bow in it when retrieving cross current.
It's the only way to go when punching mats and froggin. I prefer it for fishing weightless stick worms Texas style, and for soft jerkbaits, especially in grass. Its small diameter and flexibility gives those baits much better action than flouro or mono and cuts through grass better. I also like it for chatterbaits and spinnerbaits. With spinnerbaits I use a flourocarbon leader to prevent the braid from getting caught in the splitrings.
I've tried several brands of braid. Power Pro is my current favorite. I'm gonna give Tuf-line XP a whirl this year. It gets good reviews. I really liked their now discontinued tuf-line duracast except that, contrary to it's name it wasn't very durable, but it handled better than any other line I've ever used, of any type. It was a braid with a mono coating. The problem with it was, the mono would become brittle and seperate from the braid strands. Hopefully they'll get the problem figured out and bring it back.-----Tim.