As for me, it all depends on the load characteristics and the Customer.
Fuses introduce the problems of Single Phasing when loads such as Motors and Transformers are conserned, but the problem may go beyond that.
Circuit Breakers may fail to open under excessive Fault conditions - like an improper AIR situation (installing a device with an AIC that is lower than what's available), or the device fails in the closed position.
Other Circuit breaker issues come from when they have been setup in a non-selective fashion - with either a "Fuse / Breaker Combination" or simply all OCPDs are Circuit Breakers.
Single Phasing issues may be brought on from a failed Breaker protecting a 20 Amp Branch Circuit (Fault on the Branch Circuit), and a Fused Main Switch with one-time / fast acting type Fuses. Seen it several times (troubleshoot calls).
As I said, it all depends on the installation. The decision to be made will reflect the hazards vs the consequences of each type OCPD.
Each type device has good and bad points. Each one has a "Better Place" in the design of the systems at a given project.
Each one has its own drawbacks from failure or worse - replacement by unqualified persons.
Incorrect fault ratings on either type will have bad effects.
For breakers, it's obvious about an excessive SCA through the device than it can handle...
"BANG!!!"..."SMOKE!!!"..."FLAMES!!!"
Same for a fuse with improper Arc quenching ability. Arc inside the fuse will be sustained until something finally gives.
Then again, the
3/4" All-Copper Fuse Replacements don't offer much help either!
No way to outguess the most determined idiots, as they just keep turning out bigger, better idiots!
(had to include the typical disclaimer!).
For a Fuse type Main, these could easily incorporate an extended protection device - like AFCI or GFCI. It would be setup like a GFPE protected main switch (480Y/277 VAc 3Ø 4W 1000 Amps or more).
There are both types - Circuit Breaker and Fuse types. The Fault sensing device trips a multipole switch (looks like a breaker - but has no overcurrent protection elements).
Scott35