As I mentioned in the other thread, my mom officially stayed home for 10 years but she was super super busy volunteering and getting her MBA. She went back to work part time for two years and then full time when I was 12.
The downsides to when my mom went back to work full time were that my parents hadn't really thought about the logistical impact on me and my brother - we lived in a car dependent area (I couldn't even bike to my friend's houses) so other than to and from school, we were stuck at home unless someone else's mom wanted to take us home. It made having a social life very hard and I spent far too much time at home in front of the TV.
On the plus side, my mom was always super involved in the community and I learned tons from her. I also learned to be independent at a pretty early age (which is a good and bad thing) and I am still pretty inventive when it comes to problem solving. I also learned that while she loved me and my brother to death, we were A focus, but not THE focus.
Up to my mom's death 7 years ago, we talked every other day and emailed all the time (she was an early adopter of email). While there were things we couldn't talk about (my sex life being the most notable), we found it very easy to share notes about work, career, politics, etc. I miss her greatly.
My childhood wasn't perfect. If we had lived in a more child friendly area, I think I would have been fine. I always knew my mom and dad loved me and cared for me, but I didn't really need them around - other than to drive me places. So when dh and i were looking a neighborhoods, we intentionally chose one with sidewalks and tons of kids and places to walk to.
Now, another factor was that my dad travelled a lot for work. He missed about 50% of christmases and vacations because of work. So my mom really had to do most of it on her own. My grandmother also lived with us for most of my childhood - but since she was a. insane (classified as bipolar at age 75 - and untreatable) b. nasty and bitter and c. starting to go senile, this was not actually a good thing. While she officially took care of us, it was in fact often the other way around. My mom finally hired a housekeeper to look after her (and by extension us) because my grandmother nearly burnt the house down.
BTW, my mother was a fundraiser for UNICEF - she ran the US Committee for UNICEF's greeting card program for most of my childhood. I was raised on the belief that we owe the world much more than we take from it - and working for this sort of organization is one way to pay the world back. So my work HAS to have deep significance for me - I have to work in a field where I feel like I am trying to make the world a better place. That is something my mom instilled in me.
Siobhan
ETA: my mom was NOT a domestic goddess. her cooking was horrible and she hated housework. She could bake a mean cheesecake, though.