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Tasks are still OS threads, though they get lumped into a threadpool so a lot of the overhead is mitigated (in most cases).

The async/await model does not create new threads.

TPL(Task parallel library) does use additional threads, and that's a different programming model.

The async/await model in C# is essentially from F#'s async workflows:

I realize that, what I was referring to was the old model (TPL), which wasn't terrible to begin with.

The "new" model is just syntactic sugar over the "old" TPL, so you're wrong anyway ;-)