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[quote=Anonymous]It *really* depends on the model and installation.  We had a BOSCH that tripped a sensor and shut off when the incoming water was too cold and demand high.  Worked beautifully except in the coldest part of winter (in a colder zone), so you can imagine how much fun that wasn't.  We rented out that house to a couple who couldn't work with it, and that was a nightmare.

We now understand the systems much better and, if our current house didn't have a brand new, fairly efficient tank heater, would replace it.

There are models that are combined.  They have a small, well-insulated tank with a massive heating element.  You get the hot water from the tank right away, and the water coming in is slightly pre-heated by the tank before it goes through the element.  We're excited about these.  We also know people who use these with a solar thermal preheater to heat the whole house in addition to hot water.  The combined boiler/tankless systems are fine, too.  They're not inefficient because the exchange is good and they're only on for a few minutes.  You also save a lot by not having two separate systems.

The systems can work, and if you are a geek who enjoys [/quote]

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