Personally I like phone interviews. I don't like to in-person until we are serious and chance of hire is relatively high.

I've been fortunate thus far and always looked for a new job when I want to try something new, not when I'm out of work and hungry. Taking time off of work to interview for a bunch of low-chance jobs is not something I'll do unless I'm extremely excited about the company.

Maybe this isn't a bad thing (you want excited people), but how many employers work at companies people wake up knowing they have to work there.