When comparing w3m vs Falkon, the Slant community recommends Falkon for most people. In the question“What are the best web browsers for UNIX-like systems?” Falkon is ranked 6th while w3m is ranked 25th.
Specs
Ranked in these QuestionsQuestion Ranking
Pros
Pro Support for several elements not found in terminal browsers
Although w3m is primarily a text-based web browser which runs inside the terminal, it supports and renders several elements which other terminal-based browsers cannot like images, tables, tabs or frames.
Pro Available as emacs plugin
W3m can also be downloaded as an emacs plugins to be used as a fast web browser that runs inside emacs.
Pro Developed by KDE
Pro Lightweight
Pro Free and Open Source
GPLv3 license.
Cons
Con Steep learning curve
Being a terminal web browser w3m has a certain learning curve because you need to learn the keystrokes and different commands.
Con Weak multimedia support
It has some issues with multimedia content eg. Non-playing videos on webpages.
Con Now under the KDE umbrella
Qupzilla is now discontinued and renamed to Falkon. It will also now be a part of KDE and will probably need more dependencies like kde-frameworks in the future.
Con Linux-only
Con Bookmark management not the strongest part
It often requires quite a lot of clicks to add and remove bookmarks.