There are soo many good answers in here that I could take a little from each! I think that we are making the world a better place by taking the time to raise our children! love and nurture our children. I think this way they will be more productive members of society.
My daughter is 4 months old and I love to be able to hear all of her coos, watch her watch her hands move. She loves to lay on her back with her legs in the air and she is at the stage where she grabs everything! I let her sleep with me too =) I can never be mad when she wakes up 4 in the morning after I see her smile.
A good thing about staying at home is the ability to adhere to your child's schedule! I don't have to go to work the next day so I will never be irritated if she goes to bed at midnight and wakes up at 5. I go with her flow!