My first child was born in a hospital. My wife so disliked the experience that the other two were born at home. We had midwives for both of them, but the midsife was delayed for the first of them, and didn't get there until after the birth, so my wife and I did it ourselves. When the midwife rushed in, we were all peacefully resting on the bed, and she just about fell over when she realized the baby was already born. The birth of the last child was uneventful, except that her brother (2 at the time; the one the midwife missed) woke up during it, and I sat in the rocker and sang him Christmas carols while my wife gave birth in the other room. The midwife told us later it was the most peaceful birth she'd ever attended.
This to me is the real selling point of home birth. It was a marvelouslty peaceful process for the whole family. We didn't have to scamble to get the other kids to a sitter, or have my wife spend days away from home. We see "birth" scenes on TV medical shows, where everyone's rushing around and yelling and think, "Do people really believe birth is like that?" For high-risk pregnancies, you probably need a hospital, but we sometimes forget that birth is a natural process (and not all that hard; 18 years after we did it ourselves, I think I could easily do it again), and why involve doctors and hospitals in a natural process if you don't have to?