This horse has already been beaten to death several times in past threads. Some folks (like me) like the switch and the placement, and some don't.
I prefer PRS' approach over the placement on a Strat, where it sits right under the arm when you're doing business with the trem. And I was never a fan of the rotary. The weakness of the toggle is the push-pull tone knob that's difficult to grasp when playing, especially with the lampshade knob, and that's what I have on my 30th CU24.
Point is, there's no switch, or placement, that is going to satisfy everyone. One person's great ergonomics is the next person's ergonomic nightmare.
They'd need to make a guitar with a customizable touch screen covering the entire body to please everyone re: switch placement. Which, of course, people would b^tch about because it wouldn't be real wood.