Re: Agreed but you forgot loneliness.
I work from home. There are some salient points made here, and here are my observations:
Lonliness...until recently I was 5 days a week at home. Food shopping became a socialising experience, as opposed to a chore.
Cats - carboard boxes help to distract them from coming to sit on your keyboard.
Never miss a parcel.
You can put the washing in and out.
Wife can have a tendancy to think 'What have you been doing all day?' when the kitchen has a few dishes.
However, the longer hours thing is true. Everyone else is in London and when I am there, several days a Month, I do less hours because of office opening than when I am at home.
Man cave things...surprisingly, after a while you become very good at separating distractions. In fact, I get more done at home in set times because when I am in the office, I get drive by questions and meetings. meetings and more meetings. If you were to work out what distractions occur in the office, you would be surprised to find there are probably just as many, if not more, than home. They are just different. (Unless you have your own office, in which case you can shut the door).
Lunch times - previous poster made a good point. I have less lunch time at home than work.
Ultimately, though, I would struggle to work full time in an office now.
Edit: Oh yes, you would be surprised at just HOW MANY SALESMEN actually call at your door in the day.