Oh, I agree with your disagreement.NetDoc:I humbly disagree. The only use for a bowline is on the bow of a boat or ship. It's use as a rescue knot is ill advised. The rewoven figure eight holds far more of the rope's strength than the bowline. It is used as the loop knot of preference for all rock climbers.
I only use the knot on the boat (for tying fenders, a quick impromptu thimbel for a second anchor, tying a dingy, float, or Zodiac off one of the boat eyelets, and a half dozen other things). I wouldn't see its use as a rescue knot, as opposed to a simple utility knot (which I use often) -- and I don't rock climb... too risky a sport...