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I am a vocal opponent to magic links via email (I am an unhinged person, in case it wasn't obvious before :) ).

I NEVER log into my mail from my laptop/desktop. I access my email via my phone's mail app.

So

1. try logging on via my laptop's browser

2. service sends a magic link to my email

3. click the link on my phone

4. now I'm logged in on my phone! not what I wanted!

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Links sent in plaintext over the network. :(
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Potentially, but if you have your password reset process be sending a reset code by email it's effectively the same account access.
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