Our TDI has what’s called ESP, which is a form of traction control, throttle control (the TDI is throttle by wire) and ABS all in one. I had never had a car with this before so I went to a parking lot and played with it when we first got it. I found on dry pavement it would stop from 40 mph about 10 feet sooner locked up with the ABS, with ABS off it I slid 10 feet further. I did the same test on a snowy area and it stopped about 40 feet sooner using ABS than a straight lock up and you could still steer if you needed to.
The ESP part is really cool; it can break just one wheel to keep you going in the direction you want. You have to understand what ABS or ESP can and can't do and how it will effect what you’re trying to do. For instance our driveway is a 25 degree incline and if I leave the ESP on I can't drive up the driveway if it is snow covered because the ESP will slow the engine to avoid wheel slip and then I loose too much speed to make it up. If I turn off ESP I can get a running start and make it, but I do often start to side slide and have to counter steer as I go up to avoid sliding off the edge.
As Ted said, I think it does more good then harm for the general population, but in some cases it can be worse then not. Fortunately I can turn mine on and off with the flick of a switch. I think it’s all about knowing what your car can and can’t do.
I also can’t emphasize enough what a difference good snow / ice tires can do. I can’t tell you how many times I have driven past 4 wheel drive SUV’s stuck in the snow smiling and waving as I drive by with them shouting I am gong to get stuck. On another hill near our house I often just drive up and watch the SUV’s fall behind and have to turn around and take the long way
It is the one time I am willing to give up a bit of mileage for traction. Nokian Hakka Q’s all the way