I love the graphical nature of Schematic design. It helps me visualise problems that my colleagues would admittedly rather code. I take a lot of care in my schematic layout, and it can help me make a good guess as to wether my circuit is planar or not. - usefull when you dont want to incurr the parasitics on a via somewhere.
I would also remark that there is no reason why design reuse would necessitate a text based caprure. We already have reuse though subsheet heirachy, ctrl c/ctrl c and to some degree reference designs.
The only other thing I would add is that a lot of people come from a hobbyist background, which means small volumes. For commercial contract manufacturing, drawing out the same old schematic features for voltage regulators doesnt add up to much NRE as a fraction of the project cost.