I use it because it ensures that my files are always available, on any device, wherever I go.
I also use it because it allows real time collaboration with my family, friends and co-workers (in separate onedrive accounts of course) where we can share a common file store and with today's collaboration capabilities in Microsoft Office (which I believe are associated with OneDrive) I can be working alongside 5 of my work colleagues on the same document in real time.
In short, it's awesome. The fact remains, it was working fine in Windows 10, so they need to fix this.
The only thing that's stopping me from downgrading to Windows 10 right now is that I just read that a new tabbed Explorer experience is in the DEV channel now and will be released soon. I don't know the truth of it, but I suspect that the reason they've left us all with this issue for so long is that they were building out this signficant new user experience for file explorer and the performance fix is tied to that release.
There's also a post on the Microsoft Feedback Hub - everyone should go there, upvote and post.
