I wondered how long it would take to get into the stepper vs servo war. It always does, on every forum topic on CNC.
First note there are millions of commercial machines, from printers to CNC to whatever, that run on steppers, doing their job reliably day in day out. The simple fact is if a stepper is properly loaded it will NEVER miss a step. If you overload it it will loose steps, and it doesnt loose 'a step' it goes full bonkers and winds up way off, with a horrible, rock crushing sound.
It is also an undisputed fact that a stepper system will always be cheaper- no encoder needed, and simpler electronics.
It is also true steppers never need to be tuned like servos.
Another fact is that steppers are not made above about 1/3hp, so if you are building a bridgeport size machine or larger then servos are the only game in town. If you are doing an X2 size, or maybe a Sherline size machine steppers will do a great job.
A few years ago a totally new hybrid magnetic technology came to steppers. They doubled or trippled the power of steppers. They can be identified by the square bodies. Never take anold round body stepper even if its free. Why work with old junk when new motors are cheap.
Thats my gal of gas (petrol) ;D on the stepper vs servo war.