no-till has its place.
in general most of the guys in our area have moved to strip till, who tried the no-till system.
basically using the anhydrous knifes in the fall, with maybe a row cleaner to push the trash out of the way. some do other dry fertilizer down the row as well, then in the spring come back and plant into that strip of bare earth.
basically GPS has allowed this.
gets you the benefits of no-till = less work, less erosion, less HP needed
without the major drawbacks of no till = compaction, especially near surface, cooler soils, residue to sprout through, etc.
strip till does have a few issues = you have to accurately travel your strips, still doesnt deal with the amount of disease left over in last years residue, and if the strips run parallel with the fall they can erode so you have to plant contour.
conservation tillage is still king, but strip till is opening some eyes.