I prefer digital, just because you can do so much more and with more ease if you know what your doing. Though I myself enjoy hand drawing on paper a little more because I can do it where ever. But that's only because I have yet to get a version of Photoshop on my laptop, like I did on my dated Windows XP which runs like a legless turtle T-T. I've been using Paint.NET though which is the next best thing.
But I do have a Tablet, which I believe I got for somewhere around $200 at best buy. Can't wait to get back to using it too =P