The actual statistics for the UK around birth make for interesting reading. I did a lot of research, realised that "optimal" vertex deliveries happen in less than 40% of births and decided I wasn't going to fuck around with the possibility of life altering damage to my pelvic floor, vagina or any other part of my lower anatomy. Statistically speaking, elective caesarian works out as having less long term impact and better outcomes, and I had a horrible pregnancy and wanted it over asap. There are more recent studies that looked at women months after "natural" birth, MRI scanning their pelvises etc, and an alarming proportion had undiagnosed/unnoticed pelvic fractures and other serious internal damage (this was a US study, but as women tend to be taller here (assuming you are UK based, sorry!) I can imagine there may be a less alarming proportion of serious birth-injuries, but judging by the number of threads on the subject on mumsnet, that may not be the case...)
My ELC was awesome, and I would recommend it every time. I have a friend who went for the all singing all dancing water birth experience, and found it "empowering and amazing" and not-so-secretly thinks mine wasn't a real one. We both got our babies into the world safely, we are both here and well, with no lasting negative effects. I think we both win really.
No-one wins when you have a traumatic birth experience, and as posters up-thread have said, there really needs to be better education and information around pregnancy and birth in general so that women can make informed choices. Having said that, the information is out there, you just need to have the impetus to look, and perhaps it is this that is lacking?
I won't have another baby, but if I did I would choose an ELC again due to my personal experience. I'd check that it was still the safest option though, as it seems only sensible to keep on top of the research when you're undertaking such a potentially dangerous endeavour.