I agree hosting from home requires some skill and alot a dedication. My site is not hosted from my residence. But webber286 is right, difficult to implemment and is it really worth it? In the long run it is but does one really want to learn all that goes into it?
I say its a very smart idea if you know what you are doing. Dyayman is correct as well “you can sink very fast” if you do not aquire the skills to operate your own server. So is it a wise move for your average Joe blow I would have to say no. But if you do happen to aquire the skills you will be blown away.
But I can say the advantages are infinate. I was just fortunate that a good friend of mine, a software developer and test engineer for Nokia. He had a nice unit laying around collecting dust, so I snatched it up for a good price. greek39