balanced is good for studios to get rid of hum issues. which was it’s orignal intent ... Beyond that, it is a degeneration in sound quality If one is not using it for long microphone lines, or hum reduction along said long line of very fine signals... then it has no place in home audio and is inferior to single ended. and that’s a fact.
I do not think it is that simple. As is so often the case in audio, a lot depends on implementation. Today's environments - even in the home - are full of RFI from all sorts of devices, and the CMR benefit of truly balanced, differential circuits and cabling can help ensure a cleaner and quieter signal. It certainly isn't a detriment, imo.