One advantage is they provide a big boost to your engines power/weight ratio. For jobs like cutting lawns, that would be a plus, for ground engaging work, not so much. An even bigger one, in these days of astronomical fuel prices, is that they let you squeeze significantly more power out of every gallon. Personally, I like the sound of the turbo spooling up and down as you work the throttle. It gets a little addicting and I always miss it on tractors (or trucks) without. They are also just about bulletproof in design, and only in rare cases does one hear of any problems with one (at least on JD's anyhow). The reason they make emission control easier, is that less fuel is burned and that burning is what causes the emissions, so yes, a turbo tractor is more "environmentally friendly". You might burn 20% or so more fuel on the same engine, without a turbo, to do the same work. To me, buying a modern tractor without a turbo would be worse than getting one without 4wd. I do suppose that the lower limit on size, before one would become economical, would be around 45 hp.