I have used one site which combined magic links with normal login, and it worked excellently... unfortunately I can't remember what the website was.
If you remembered your password, you could login normally. If not, they would email you the 'forgot password' link, but there was no requirement to set a new password! I only logged in once every few months and could never remember the password, so for me just using it as a magic link system worked well, but frequent users would not be inconvenienced by it since they could use the normal login process.
If you remembered your password, you could login normally. If not, they would email you the 'forgot password' link, but there was no requirement to set a new password! I only logged in once every few months and could never remember the password, so for me just using it as a magic link system worked well, but frequent users would not be inconvenienced by it since they could use the normal login process.