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The ONLY disadvantage I see them having is the slightly limited torque handling which could make low speed, high ratio driving difficult/a little less efficient/damage the trans, but I'm talking <20mph, top gear/ratio/whatever.
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"have been proven to support any amount of torque in production vehicles, including that used for buses, heavy trucks, and earth-moving equipment."
New CVT's use advanced lubricants that allow them to do this. Tractors now Use CVT. Old CVT's before 2005 had the low torque problem, but that has now been fixed.