"It duplicates all the styles, instead of grouping common selectors into one style definition like @extend does."
This didn't come through entirely until I read the comment. I think an example of what mixins would produce would be helpful.
At the end of the day we have two goals: 1) keeping things easy to develop and 2) keeping the CSS filesize as small as possible.
Mixins accomplished 1 but not 2.
One potentially relevant example is bootstrap's core "btn" class, which has over 50 lines:
https://github.com/twitter/bootstrap/blob/master/less/button...
When you want a button in HTML you have to add the btn class, as well as an additional class for that button's styling. IE: btn-large, btn-primary, btn-info
Bootstrap could have made this happen with just one class by implementing mixins, but that would result in each btn-primary, btn-info, etc repeating those 50 lines from the btn class.
If Bootstrap used @extend instead, that large btn class could be replaced with a multiple selector, IE: .btn-large, .btn-small, .btn-primary, etc. Then the independent styles could be defined below, as they already are, and we would just need one class to add the appropriate button style.
I guess they could do that today by just using the long selector instead of .btn, but that makes the file harder to maintain.
Let me know if I'm thinking about this wrong.