I've been working in cube farms 13+ years.
I prefer the term "veal fattening pen". I guess it's better than an open work area, but you still get to hear all the details of the woman next to you going through a divorce.
I worked in one cube so small you could touch both walls at the same time.
One place I worked shared cubes; the night shift took over after the day shift. There was a lot of conflict betweeen the two shifts. The night guy would dump coffee and not clean it up, leave food residue, etc. The company was too tight to get extra office space for everyone.
I agree that bad management causes more stress and high blood pressure than the pod farms do.