Plenty of legitimate reasons to avoid ethanol like the plague.
IF your vehicle is fuel injected, chances are it will be fine on the lower octane pure gas, as the injection unit and computer are going to adjust mixture and timing to make best use of what it sees passing through. A lot has been written about high-test being a waste of money in most applications.
Carbs - stay with the pure fuel, as the carbs and the fuel system will be affected. And are cumbersome and expensive to clean and repair.
H2T, it is as bad as people say it is. Just research the testing and findings that have been submitted to the EPA, to no avail. The ethanol/political lobbies are far stronger than the others.