There was an article in yesterday's NY Times with the above title. The bottom line of the article is that the Centers for Disease Control looked at 14 million births, including 130,000 deliveries that occurred outside of the hospital. Home deliveries had four times the risk for death than deliveries in the hospital. Personally, I can't fathom choosing to have your baby in your bedroom at home. If Pamela and I opted for a home delivery with our first child, she would have died. Complications began toward the end of Pamela's labor and it was only through the quick actions by her obstetrician that our daughter lived.
We continue to make it so expectant mothers are as comfortable as possible in our Labor and Delivery Center; yes, it's still a hospital, but because it is, your chances of a successful delivery just increased appreciably.