Okay, I'm very much against the use of u/s, doppler, etc. during pregnancy unless there's a very real medical reason to do so. This is b/c I believe my oldest child has been harmed as a result of routine use. It just makes me cringe when I hear people talking about getting them - even for peace of mind. If you could understand the lack of peace of mind you have when your child has been impaired, then you'd understand what I mean. Plus I've been told that transvaginal ultrasound in the 1st trimester carries an increased risk of m/c, so yuck. A few people have PM'd me for more info so I'll just go ahead and recap that here:
With my first daughter I did all the typical ultrasound exposure - vaginal probe u/s twice (first time they thought it was a non-viable pregnancy so they had to recheck in a couple weeks), doppler to hear the heartbeat at every visit, and the big ultrasound around 18-20 weeks. I had a homebirth (totally uncomplicated) so there was no belly-strap ultrasound monitor during labor - just periodic checks with the doppler to hear her heartbeat. Anyway, I had a beautiful, healthy 8 1/2 lb. girl and all seemed fine. During the first year I had some indications that something was off - mainly she hit the milestones at the end of the normal range, but still did fall within normal. When she learned to walk (at a normal age) she was *very* clumsy and would get these huge goose eggs on her forehead all the time. Much much more than a typical kid, which I now know b/c I have a typically developing child. Then her speech was delayed which was finally officially diagnosed at 2 years old, although I had suspected it for awhile. A neurologist saw her and did an MRI and only found a mild delay of myelination which is the fatty coating over the nerves in the brain. This affects a persons gross motor skills which explained why she was so clumsy, couldn't jump when the kids her age could, wasn't a climber, etc. He didn't find anything at to explain her speech issues. Anyway, we didn't know why any of this happened. I was extremely healthy during my pregnancy and didn't take so much as a tylenol during my pregnancy let alone any drugs at birth. And like I mentioned, her birth was uncomplicated and her heart rate was always good. So there just wasn't any explanation.
Then I decided to become a childbirth educator after the birth of my 2nd child. During my training we were shown this video about the risks of ultrasound. I had heard it mentioned by my childbirth instructor when I was pregnant with my first, but honestly I didn't worry too much about it. I had already had almost all my ultrasound exposure by then anyway. I was a bit nervous but basically didn't keep myself up at night about it. So the video talked about how ultrasound has been introduced into pregnancy without ever having been shown to be safe, and studies have now been done both in mice (or rats - I don't remember) and human control groups (pregnant women who were exposed vs. those who weren't) and have found that the exposure does indeed alter things in the developing baby.
First, the exposure is hot. It heats up the cells by a couple degrees which isn't really a good thing. Under a microscope they show what the cells look like before exposure (nice and round, like how I'm sure you've seen pictures of cells look), during exposure (they shake), and after (they're fragmented). For example, they show a network of nerves growing together. It looks like a bunch of long lines all connecting to each other - literally a network. After the exposure they're a mess! Scattered everywhere. The thing we all have to consider is what does that mean to the child? How exactly have they been damaged, and of course to what degree, because clearly *something* has been done. You'll probably learn this if you do end up electing exposure - babies don't like it. Frequently when the heartbeat is checked, the baby gets active and often moves out of the way of it. This is one of the reasons why hospitals like to keep women strapped to the monitor in bed during labor. It's easier to pin the baby down.
Second, the control groups showed several clear differences in children who's mothers had ultrasound exposure during pregnancy to those who didn't. Some of the side effects to those who had were speech delays, disorders of myelination, left handedness, dyslexia, and hearing problems. My daughter has at least 2 of these conditions. Being that there's just no other explanation, I've concluded that her problems were most likely due to ultrasound and I wish now that I could go back and undue it. There never was a medical reason for any of her exposure so I kick myself for that. But I was a first time mom and did what people do.

Oh, I also have heard that ultrasound exposure goes 10 generations deep. I'm not sure if any of my sources state that though. What this would mean is that if you're carrying a girl and you're exposed - especially near the end of your pregnancy - your dd would have all her eggs developed and they would be scanned too. The ultrasound could/would alter those eggs and when she has kids they could be affected. And if she has girls, it's passed on even further.
Anyway, here are a bunch of links I've saved about information on ultrasound. I'd recommend reading them then making whatever decision you feel comfortable with:
http://www.fda.gov/fdac/features/2004/104_images.htmlhttp://www.ahrq.gov/clinic/uspstf/uspsuspg.htmhttp://maternitywise.org/pdfs/gecpc3ch08.pdfhttp://www.midwiferytoday.com/articl...oundwagner.asphttp://www.mothering.com/articles/pr...efinition.htmlhttp://gentlebirth.org/archives/preScreen.htmlhttp://www.aims.org.uk/Journal/Vol11No4/ultra2.htmhttp://www.aims.org.uk/Journal/Vol16No4/ultrasound.htmhttp://www.mothering.com/articles/pr...und-risks.html
I know that's a lot but I hope it helps. Let me know if you want any more info.

Jenne