I'm just starting the dissertation of my (part time) MA in education. I work as a lecturer/maths tutor in an FE college and I do enjoy it, but carrying out research is what I really enjoy and as a result, I am seriously considering undertaking a PhD when I have finished (in about 18 months). It's about fulfilling an ambition rather than choosing academia as a career path. My partner is an academic and strongly recommends I don't go into it!
We also have a 1 year old, so I would need to fit it in around him, though he's at nursery so childcare isn't an issue.
So - am I mad? Any tips, hints, thoughts would be very welcome!