These pros and cons you list are all down to policies that a carrier may enact.
With a physical SIM, they can't stop you putting it into another phone, and there are no good technical reasons why you shouldn't be able to swap a SIM into a compatible phone and have it work immediately. That's how it's worked in many countries since GSM came out in the 90s.
With eSIMs, you may need to contact the carrier to transfer the SIM to a new device. This is a contact point with the carrier - and one where they can add barriers or fees.
With a physical SIM, they can't stop you putting it into another phone, and there are no good technical reasons why you shouldn't be able to swap a SIM into a compatible phone and have it work immediately. That's how it's worked in many countries since GSM came out in the 90s.
With eSIMs, you may need to contact the carrier to transfer the SIM to a new device. This is a contact point with the carrier - and one where they can add barriers or fees.