Here is my $.02 worth:
I have used online dating for the past 6 months. I have met some women who were great ladies, but we just weren't compatible, and I have met some that were just not right at all. The advantage is you can talk to them online for a while to see if they have anything in common. THEN you can actually plan a date. I met one woman that we had a really good relationship and enjoyed each others company, but eventually it just didn't work out. Look at the age we are in....electronic devices, text messaging, etc.... Not many people go out to bars and clubs any more to meet people anymore. Besides, with online dating you can find out things about the other person before you even go out together! When you meet someone in a bar or a club, do you know ANYTHING about them? No. At least online you can look at pictures to see if you find them attractive (just like you would in a club) and read a little about them to see if you might be interested. Now before the haters come out and say "well they can lie in a profile"...yes, that is true, but they can lie to your face just as easily in a club. I find that internet dating opens you up to a lot more people. And no, they are not all fat, ugly, or desperate. They have busy lives, just like the rest of us. Hell I don't have TIME to go to clubs or bars to meet women! I have met some GORGEOUS women online. I say go for it, just be careful and be safe. If you are interested in it, you can try the more expensive ones like Match and EHarmony, or you can try the free ones like I have, POF.com (plenty of fish is what it stands for) as well as OKCupid.com, which are both free.