mattwnz: Cost and uses less energy. Especially as electricity in NZ has become so expensive
There's probably little to no difference since the hot water uses roughly a hundred times the power of the electric blanket, just over a shorter time period. So boiling a jug or running a ton of cold water till it gets warm and possibly triggering a HWC reheat is about the same as running an electric blanket for a couple of hours.
In any case you're paying something like 0.2 cents to pre-heat your bed for an hour with an electric blanket.