The zipper merge works theoretically on paper, if everyone is travelling the same speed but as we all know that doesn't happen.
If the road is operating near capacity upstream of the merge, there will always be a slow-down at the merge, as folks adjust to maintain safe travel distance. Whether you use the 1 car length per 10 mph rule or 5 second rule, or just blindly follow your gut, the distance between you and the car in front of you is somewhat dictated by travel speed.
If you're dropping from 2 lanes to 1, and everyone is doing 60 mph with 6 car length spacing (their own vehicle being the 7th), merging all of that into one lane decreases spacing between vehicles to 2.5 car lengths. Natural tendency will be for those drivers to drop their speed closer to 25 mph, adjusting to this closer spacing.
The zipper merge works great without changing speed, when the roadway is not already operating near capacity, and can handle the higher density created by losing a lane. It also works better than everyone stopping, in the above example of full capacity, but does require speed adjustment.
Looking at roads with some nasty merges, those who remember the older Rt. 309 Expressway into Philly have some stories to tell. When I was back in college and driving that road most days, it supposedly earned top ranking as the most dangerous or deadly road in the USA, although I have no idea how they actually measured that. No on-ramps, and a very busy road with traffic typically moving above 70 mph during rush hour, where you'd have constantly cars pulling into that mess from a dead stop. And getting back to the OP, they put this road under construction for most of the early 2000's, to try to fix some of these issues. So, in addition to the original problem, they filled that F'ing mess of a road with a half dozen temporary construction lane mergers over the course of ten miles. It's a miracle there weren't mass-casualties.
The one most people talk about, as at least having the appearance of a "very scary road", is the infamous Schuylkill Expressway. Pronounced "skew-kull", it has the nickname Shurekill Deathway. There are a lot of smaller accidents on that road everyday, mostly rear-endings due to the way traffic cycles from 0 to 60 mph and then slams back to 0 mph every tenth of a mile, but I honestly don't think it's particularly deadly. It's bark is worse than its bite, I think. It sure does seem to excite some visitors though, they talk about their travels on that road like they've just done the donner pass on foot in February.
