We used Aladdin kerosene lamps in Tonga for years.
1) They are efficient
2) properly dressing the wicks is an important chore, if you want to keep the chimneys clean
3) the amount of "stink" entirely depends on the quality of the kerosene you burn...
"de-odorized" kerosene (lamp oil, usually) is best.
4) any water in the kerosene is curtains for the wicks...they get really carboned up, fast!
5) they do generate heat...fine in the winter, good ventilation required in the summer
6) LOTS of insects in Tonga, but we never had one wreck a mantle...never used one of those
gadgets
7) we used brass bases because we were afraid that a glass one would topple in an
earthquake, break, and start a fire.
8) a lampshade really helps soften the light, but it does make the lamp top-heavy, and
therefore easier to knock over.
9) they will blacken the ceiling above the lamp if the wicks aren't dressed every day.
10) I love the warmth and intimacy of a kerosene lamp.