web services vrs tcp remoting

I'm listening to Billy Hollis as he's doing his presentation on "Smart Client Architecture". He's talking about the typical n-tier design. He's also talking about the transport protocol used in this architecture. He became quite lively when he began to articulate the differences between Web Services and .NET Remoting. He pointed out many good points but the boldest were about perception: "Yea our product has Web Services but when you install it we recommend you to use Remoting because it's faster". He's cutting through the hype and is trying to deliver real world advice.

BTW - Ingo Rammer has a cool comparison on this topic.