The point of printing and browsing code is that it is easier and nicer than to read it on a screen (you'll have a portable with you at the cafe anyway to search, annotate, etc.) If you get lots of broken lines, it isn't readable.
Point was, you lose a capability with long lines -- a nice way to go over code. This is important for many of us.
Edit: Point jedsmith, write it off as grumpy-old-man syndrome. Sigh, I just can't get that this isn't understood by everyone, anymore.