Nearly every decision tree example I've come across happens to be a binary tree. Is this pretty much universal? Do most of the standard algorithms (C4.5, CART, etc.) only support binary trees? From what I gather, CHAID is not limited to binary trees, but that seems to be an exception.
A two-way split followed by another two-way split on one of the children is not the same thing as a single three-way split. This might be an academic point, but I'm trying to make sure I understand the most common use-cases.