I had a home birth with my first and it was great. Watched DVDs in my living room in early labour, then into the pool in our dining room where I flobbed about inhaling most of London's stock of gas and air until having our DD. I'm a very practical person and not at all 'earth mother'-like (not a criticism of those who are, just what I'm like) so it wasn't a communing with nature decision, I just dislike hospitals and wanted to be more in control, which I was.
The continuous care of the midwives, the involvement of my DH and the fact that I could then sit on my own sofa and have a cup of tea the whilst eating biscuits before having a shower in my own bathroom was fantastic. We then had no presure on us to go anywhere so could just sit there going 'OMG. A BABY!' a lot.
Even typing this is making me a bit teary remembering how awesome it was (mother nature has obviously done her work and ensured I've forgotten the gory details and the pain!) though that could be pg hormones as fingers crossed number 2 is on the way and I will definitely be going for a home birth again.
I will shut up now, I promise, I would just say, be open-minded. One thing I was very aware of was that it was entirely possible I'd have to go to hospital if things went awry and if so, then that was the way it had to be.
Good luck with whatever you decide.