I've already given my opinion, and this is more of a remark: how the pros and cons are weighed between blackboard and slides should be influenced by a whole collection of classroom factors, and the first one among them should probably be class size.
This is a rather obvious remark, but I thought it was worth pointing out; Jaap Eldering's answer brought it to the forefront for me, because he mentioned doing examples on slides to avoid making mistakes, and my first reaction was: "making mistakes in class is good!".
And then it occurred to me that I can use mistakes in the classroom fairly effectively because I only teach small classes. In a big classroom, I would simply not be able to receive instant feedback efficiently enough to do this as well, and I would not be comfortable trying.
In a very large lecture hall, the blackboard will often lose a lot of its advantages given how large you have to write.