Who is winning in the "Low vs High fidelity prototyping" debate? Should prototype-zero (P0) be the first version of the final product? Or should be P-0 always a throwaway? What approach is the industry favoring?
Excelent article from wikipedia: Software prototyping
A prototype should always be a throwaway - a prototype is used to quickly prove a concept and influence the design of the real product. As such, a lot of things which are important for a real product (a thought-out architecture and design, reliability, security, maintainability, etc.) fall by the wayside. If you do take these things into account when building your prototype, you're not really building a prototype anymore.
My experience with prototypes where the code directly evolved into an actual product shows that the end-result suffers because of it - the lack of a real architecture resulted in a lot of cobbled-together code that had to be constantly hacked to add new features. I've even seen a case the original technology chosen for rapid development of the prototype was not the best choice for the actual product, and a complete re-write was necessary for V2.