Statement-based vs Row-based Replication

Replication as most people know it, has mostly been SQL statement propagation from master to slave. This is known as "statement-based" replication. But there is also another kind of replication that is available, "the row-based replication" and that has quite a lot of benefits. In this post I intend on highlighting the advantages and disadvantages of both the types of replication to help you choose the best one. I also follow up with my own recommendation.