Friday night topic: Being your own boss

Can't find the link, but I read an article recently about how lots of tech workers have made an interesting transition recently during a weak economy: after being laid off, they went into business for themselves somehow. Contract workers, consultants, you name it, many folks are apparently finding ways to get by without landing a corporate job.

I wonder how many of you guys have made this transition, either as the result of a layoff or otherwise. If so, how do you like being self-employed? What are the advantages and drawbacks? How have you navigated the lack of benefits, group health coverage, and the like?

If not, what do you think about the idea? Would you rather have a cubicle to call your own?


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