I think the third person POV is my very favourite, maybe because it's so versatile and traditional. It is limited for the reasons you've mentioned. I've tried writing books with 8 or 10 POV changing POV characters, and remember on one occasion in particular, I was instructed to cut them back to 6 or 7 at most :)
Hi Paula - Yes it can be tricky with all those perspectives. On the first draft of my novel, I had 12 POV characters. I clearly didn't know what I was doing when I started! LOL I've cut it back to five, but some would even say that's too many. I agree that the flexibility of third-person is a winner. I've written short stories in first-person, but not sure how I'd go on a full-length novel. Thanks for stopping by.