[Quiet Man Cometh]

A lot of the problems with first person can be easily moved to third as well, I think. Repeting "I" all the time is just as bad to me as repeating a character's name.

I think what I like about first person is that it adds more personality to the story rather that was is generally a neutral narrative. I'm not saying that I don't think there is particular personality to be found in third person books, it's just that I've foound it more often in first person. Of course, how much I like the narrator in question always has an impact.