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rocknbil - 7:36 pm on Oct 14, 2008 (gmt 0)
You "kinda" answered your own question. There's a great deal of documentation on what cookies can do, the extent to which they can be abused, and what they can't do. The average person who tries to digest some of this really doesn't understand it and walks away with one impression: cookies=bad. As a programmer, the benefits of cookies far outweigh the possible tracking abuse. They keep you logged in to a site, they "remember" your preferences, they make for a much easier and trouble-free browsing experience. I just leave third part cookies off and don't worry about it.
... though I don't really have any particular reason for it! I just don't like the idea of someone "tracking" my every move.