Man, I don't know what laminates some of you are using, but ours are great as far as durability. I'll grant you that nothing comes close to true hardwood; not laminate, not "engineered," etc, nothing. However, we have one 65 lb dog and a toddler. They have not caused one scratch, dent, scrape or anything in three years. We used a thick "QuietWalk" padding underneath the flooring, which reduced the hollow sound when walking that I've heard in other homes.
We knew that we were selling when we bought the place, so I was not going to spend the money on hardwood. When we're in our house that will be ours for twenty or more years, I doubt we'll go with laminate. But for our purpose, I couldn't be happier.
To make a long story short, I think someone could argue that laminate looks cheesy, will go out of style, etc., and I wouldn't be able to argue. But the durability of the stuff we got is outstanding. We actually put a piece of the flooring in a glass of water for a week (to test the waterproof claims of the manufacture). We pulled it out a week later and it had not warped, bent, lost its finish, etc.
If you're interested, I'm sure I can track down the name of the supplier we used.