You gentlemen may reach an age where the battery on the cordless is heavier than the air hose is inconvenient!

I have air, electric, and cordless for most tools. Bought over lots of years.
I realize this thread is primarily about shop mechanics tools, but I have used the same philosophy on yard and garden tools.
For outdoor tools, I have been electric for years (rather than gasoline). Bought a 6 KW generator, and mounted it permanently in a two-wheel trailer that I can pull behind the Gator. Always something that needs doing on the property. Even have electric chain saw.
As far as an air compressor, to save on costs, I bought two 8 HP each, and run them in parallel. Both are at least 20 years old, but perform like new.
Still have gas-powered weed-eaters, but a few more having to rebuild the carburetor every spring regardless of what miracle drug is put in the gas tank, and I am going to replace them with some form of electric.
Jon.