Developing B/W at home really changed the game for me. I used to dread that I'd have to travel to/from the lab (in NYC) over two days to get my film developed, which often made me choose to leave the film camera at home. Now I can look forward to seeing images about a 1/2hr after returning home!
I'm so comfortable with B/W that I am now considering home-developing color as well. Seems like the biggest issue is temperature control. The "FF No. 1 monobath" I use for B/W is "room temperature" (@72ºF), and very forgiving, which is nice. I'd love to be able to develop Provia (E-6), so I am doing some more research today (and maybe a shopping trip to B&H!).