I use this method almost exclusively. Even for things like meetings (to my sibling's comment). The trade-off is that I tend to only take notes on one side of the page, using the back side of the previous page for organizing my thoughts I need to say in a meeting (or in a class- I still take one occasionally for my interests).

So I use a lot of paper, and look forward to the day that I can really use my method virtually. But the time it saves helping me learn stuff (by making it super easy to do a quiz-like review) keeps me coming back.