It is well known that Madelung formulation is alternative to the Schrödinger Formulation, cf. this previous Madelung transformation Phys.SE post. I wanted to know what makes Schrödinger's formulation superior to that of Madelung, and in particular, when does the Madelung formulation fail?
This is a translation from the German Wikipedia entry about the Madelung equations:
Hope this helps.