I had a home birth last Saturday evening with DC3 so it's very fresh in my mind! My previous births went like this:
DS1: back to back, planned home birth but had to transfer to hospital as waters went early in labour and had meconium in them, long labour, syntocin drip to speed things up, epidural. Normal vaginal delivery in the end.
DD: planned to go to hospital but in the end she was born at home as she arrived very quickly. OH missed it as he'd gone to take DS1 to his mum's, and the MW didn't make it either so I delivered DD alone. Very scary although she was totally fine.
So this time I decided on a home birth as it was likely to be quick again and I wanted to make sure OH and a MW would be there. As it was, the MW only arrived 30 mins before DS2 was born, and the 2nd MW didn't make it until afterwards. Labour was about 3 hours in total but only the last 45 mins were really painful, and I managed without any pain relief.
The home birth experience was fantastic. I felt comfortable and safe, and it was fab being able to get into my own bed afterwards, rather than spending the night in hospital. As others have said, the MW brought resus equipment and oxygen, and made it clear at my antenatal appointments that if there were any concerns at all, I would be transferred to hospital.