The number of programmers I see manically toggling through their code in one window is crazy. I think this is part of the legacy of some high-profile IDEs that gave you one window at a time.
What proportion of your code lines are > 80 cols? Multiply that by the amount of extra width to get the wasted screen estate. I'll take that and put more code/docs/tests/output on my screen at the same time and have to toggle less.
The idea that this is about teletype is very amusing, but rather naive.