Hi Littlestream,
Sorry, I'm a little late.....
I run the Asia-Pacific branch of a European company and I work from
both the office (cum warehouse) and home. I'd very much work from
home if possible as I have the discipline to control myself....eg.
I first work for two hours before watching TV and sleeping the next
two hours.
And besides being able
to work in just my underwear (which is real comfortable), I save on
time and petrol money (I drive a guzzler).
Sometimes I'm at my office/warehouse, sometimes at home, sometimes
half-half, sometimes overseas (I make 1~2 trips per month on the
average). Sometimes I work from swimming pool and gym downstairs
too 
I know of some people who know that they don't have the discipline
to work from home and would rather not - cos they know they'll be
doing nothing and will lose their jobs. They need to dress up and
work in an office under supervision. Stupid people!
Was gonna tell you to examine your own character and hopefully find
yourself suitable for it and try it out....but it looks like you've
already made the decision. Congratulations on the excellent
choice!
The only disadvantage I can think of is that after getting used to
working from home, you'll never be able to work in a big company
with colleagues, fixed timings, etc, again. Its so sickening to
follow timings, see all the office politics, etc. When you're used
to working from home, commuting to the office is a stress in
itself! I've been working independently for 8~9 years now and will
have difficulties adjusting back to normal office life (if I ever
have to).
(Before this present company, I used to run a regional rep office
for a US public listed company.....also working from both office
and home).
Another plus for me working from home is that I'm able to watch my
sexy neighbour washing her car on some days, always around 10 am.
Wah lau...when she
stretches out to clean the windscreen.....