[reporting-services] When to use RDLC over RDL reports?

While I currently lean toward RDL because it seems more flexible and easier to manage, RDLC has an advantage in that it seems to simplify your licensing. Because RDLC doesn’t need a Reporting Services instance, you won't need a Reporting Services License to use it.

I’m not sure if this still applies with the newer versions of SQL Server, but at one time if you chose to put the SQL Server Database and Reporting Services instances on two separate machines, you were required to have two separate SQL Server licenses:
http://social.msdn.microsoft.com/forums/en-US/sqlgetstarted/thread/82dd5acd-9427-4f64-aea6-511f09aac406/

You can Bing for other similar blogs and posts regarding Reporting Services licensing.