Point to point wiring VS. PCB drawing

Just want to know what are the advantages/disadvantages of point to point wiring vs. PCB when you're about to do some project. Is there any differences in particular like comparing an active crossover project with preamplifier project etc...
PC boards have the advantage of being able to make use of a "ground plane" and controlled impedance if done by "CAD" ( computer assisted design ). The construction is more consistent and repeatable. The biggest problem may be lack of current capability under demands, etc... IF the designer did not take all of that into consideration. Sean
I worked in the PCB industry for many years. There are many variables that each manufacturer uses in their construction process of their PCBs that vary considerably. Some Printed Circuit boards can be very quiet, and have decent sound, but in many cases this is not so. That green stuff on them is called "solder mask". (It is the insulating material that is used to cover the exposed traces). The sonic degridation of the solder mask alone makes it worthwhile to consider point to point wiring as an alternative. Generally the sound will be more open and less strident, sort of like the difference between an average interconnect and a real good one. In the end, the reason most manufacturers use circuit boards is to streamline their manufacturing operations, lower labor costs and save money.
Lower labor costs, manufacturing streamlining, and money savings. I'll go along with that, Ehider.
Point to point is preferable when used in a DIY set up, you can experiment with different wire to tune the sound to your liking. Damned hard to tweak a pre-made PCB...
While ground planes on PCB's are an advantage I have seen it misimplemented quite a few times on a professionally designed board. The advantage of point to point wiring is that everything can be grounded to one point and obviously it is very difficult to implement a shielded cable on a piece of copper clas fiberglass.