Is convection really better than a regular oven,if so,in what ways?!

Is convection really better than a regular oven,if so,in what ways?

I love mine- and I cook alot!- I have a GE one I bought at walmart-it bakes, broils, toasts, keeps warm, and has a rotisserie-although I have never used it-but it came with a variety of pans that are perfect size that have held up well. I can cook a whole chicken in it-of just a piece of toast. One of the best things is that I live in a small apartment, and the oven heats the place up unbearably- but the convection one is smaller, quicker, and more efficient and puts out much less heat that my gas one. I considered the microwave/convection combo by cuisinart( i think...) for space reasons, but they were too new for me to take a chance on, there may be more reviews out there now.