I have both! In my area a heat pump is efficient around 70% of the time during winter. It looses it efficiency at approx 30 degrees and thats when the backup heat source kicks in and in my case that is a natural gas furnace.
When I originally built, I heated with a Sears heatpump (hp) w/internal electric resistance heaters and it did a pretty good and inexpensive job up until the elec heaters kicked in, then the meter would spin so fast that I thought it would take off like a Helo. When it was cold but not cold enough to kick in those heaters it always felt like it was blowing cool air. You'd have to step outside then back in to feel any warmth in it /forums/images/graemlins/grin.gif
Since a HP generally heats the air to the same temp as your skin, approx 98 degrees, thats why it doesn't feel like hot air.
After 13 yrs of good reliable service, it needed replaced and I decided to go with another split system but this time utilize natural gas as the backup. I went with a Carrier Puron heatpump & 98% efficient gas furnace split system.
Pluses:
Heating,
1) the air is always warm.
2) the system utilizes an outside thermostat to kick in the furnance. At approx 35 degrees the HP cuts off and it runs as a std gas furnace.
3) it has a time of day setback thermostat that allows up to 3 different temp settings.
Cooling,
1) Puron seems to work as well as freon as evidenced by lower electric usage and the house stays a comfortable (to us) 72 degrees.
2) the larger but slower turning outside unit fan is very quiet. My patio is a mere 10' away and when the compressor & fan kicks in, we don't have to raise our voices to speak.
Negatives:
Heating,
Natural gas is expensive!!! /forums/images/graemlins/mad.gif They've raised the price every yr since I installed the new unit. The lower elec usage is more than offset by the increased gas prices.
Cooling,
The HP seems to run all the time which is amazing in that it uses less electircity than the older unit it replaced.
I only included this as a negative as I feel something that runs constantly will use up it's designed lifespan quicker but of course if it lasts 13 yrs or more than this will be a moot point.
Bottom line, having had a HP in two differnt houses over the course of 23 yrs I knew that I wanted to continue to use a HP but wanted something other than electirc resistence heaters as backup.
If I had it to do over again, I'd have priced a propane furnace as well as an oil fired furnace and went with the cheaper of the 3.
Volfandt