What are the practical differences between template-driven and reactive forms?

Here is the summary of comparision between template driven and reactive forms explained by DeborahK (Deborah Kurata) well,

Template Driven Forms Features:"

• Easy to use
• Suitable for simple scenarios and fails for complex scenarios
• Similar to AngularJS
• Two way data binding(using [(NgModel)] syntax)
• Minimal component code
• Automatic track of the form and its data(handled by Angular)
• Unit testing is another challenge

Reactive Forms Features:

• More flexible, but needs a lot of practice
• Handles any complex scenarios
• No data binding is done (immutable data model preferred by most developers)
• More component code and less HTML markup
• Reactive transformations can be made possible such as:
  • Handling an event based on a debounce time
  • Handling events when the components are distinct until changed
  • Adding elements dynamically
• Easier unit testing