All my long travels have been on a bike but i've considered backpacking as it's always seemed so much simpler and cheaper..
Then I think back to those buses full of 18 year old kids on "study breaks", 10 hour coach journeys to another tourist rip off destination, being stuck in overcrowded hostels near the bus stations...
Coming to think of it, it sounds like much MORE hasel without a bike.
I reckon having the freedom of your own transport is well worth the cost of shipping, carnets etc.
Anyway, how much can you experience a country with your face up against a bus or train window ?
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Did some trips.
Rode some bikes.
Fix them for a living.
Can't say anymore.
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