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Tankless Water heaters

I have had one for about 7 years and am extremely happy with it for two reasons (1) I never run out
of hot water and (2) I feel like I'm saving money and being environmentally kind because I'm only
heating water that I'm using and not heating water that just sits there until I need it. I do agree
somewhat with comments below we bought a less expensive brand, about $400 and I believe we have well recouped
our initial expense. Also, it takes some getting used to, but you can get the temp consistent. We have a gas
one, so I can shower without electricity and I think it heats up much quicker. Also, I like that it's mounted
on the wall behind a door and takes up very little space.