Thanks @tobbetj yes I agree Uniswap does come with its own set of risks, trade-offs and any returns on providing liquidity is very price and market movement dependent. If the motive is only to make profit it would probably not be the best option. Providing liquidity already comes with all these risks on top of some extra of course, but unlike managing orders on a traditional order book it is certainly less work on Uniswap in that respect (see references below). Also remember that ERC-20 exchange service providers are now integrating Uniswap as one of their liquidity providers so we would be saving time vs approaching each of these exchange services individually avoiding having to divide limited liquidity between many exchange services and all the time and expense managing each of their order books separately. Example: Binance trust wallet integrates the kyber network which in turn uses Uniswap liquidity. These kinds of integration’s are on the rise.
These articles explain the benefits and risks for Uniswap liquidity providers, warts and all, much better than I could including worked simple examples you were looking for plus “what if” charts. Also see this publication An analysis of Uniswap markets for a more formal review.