The main thing that I've seen with regards to complaints about Active Record is that when you create a model around a table, and you select several instances of the model, you're basically doing a "select * from ...". This is fine for editing a record or displaying a record, but if you want to, say, display a list of the cities for all the contacts in your database, you could do "select City from ..." and only get the cities. Doing this with Active Record would require that you're selecting all the columns, but only using City.
Of course, varying implementations will handle this differently. Nevertheless, it's one issue.
Now, you can get around this by creating a new model for the specific thing you're trying to do, but some people would argue that it's more effort than the benefit.
Me, I dig Active Record. :-)
HTH
