I used to use a blow off tube. I went to large fermenters with plenty of room, so that I didn't lose anything through my airlocks and that eliminated the need for a blow off tube.
However, I recently started using Ferm Cap S in my boil, to eliminate the possibility of boil overs. A side benefit of using Ferm Cap S in the boil, is that it also keeps the krausen down quite a bit in the fermenter! You can even use Ferm Cap S in the fermenter only to keep it from going out through your airlock.
It's a great product and from everything I've learned thus far, it doesn't have an adverse effect on flavor, aroma, fermentation, etc. It just makes things better. I see no downside to this product.