S.B.
I suggest you read "The Homeschooling Handbook" by Mary Griffith. She outlines all the different issues you might want to consider, all the different types of homeschooling that are out there, how to find like-minded support if you decide to homeschool (because that is key, finding some support), etc. etc. It is a great guide!
I'm thinking about it and getting prepared for what to do when my son hits school age, so I don't have any anecdotes about THAT yet, really, but I was homeschooled during first, third, fourth, and fifth grades myself. And I learned SO MUCH MORE when I was at home than I EVER did at school. And I was not lonely or isolated (the most common fear outsiders have for homeschoolers), although I didn't see people who were the exact same age as me that often. I consider that a perk, though, because I think it's kind of weird how much public school promotes the idea that you can't really play with/relate to people outside of your "peer group." I certainly could and did and am a better person for it.
Good luck with whatever you decide!