Very interesting, but it also leaves out the possible perils of the Techomagical society (which seems like a good name for it).
Does magic produce possibly hazardous side effects? (ie: pollution).
If criminals had access to magic, what does that mean for law enforcement?
Can animals use magic? The existence of magical creatures implies they might. Can bacteria use magic? How do you stop a magical plague?
Just at first glance, this seems to be a mostly unexplored area of fantasy/fiction.
still check out Shadowrun (if you haven't already) I think it nicely explores what it would be like if magic came into the world of science.
Also this TV-Tropes page http://tvtropes.org/pmwiki/pmwiki.php/Main/SufficientlyAnalyzedMagic