I've been reading some about
ROWE recently. It seems like a great idea to me. I do have a certain amount of flexibility in my current position, but I have worked in situations in the past that really sucked. I strongly believe that if you treat people like babies, they'll either act like babies or only stay till something (anything) better comes along.
With modern telecommunications and the cost of gas (and more importantly the effect of commuting on the environment, energy supply, etc.), it makes no sense to force a bunch of adults to drive to the same location every day from 8-5 only to sit in their offices, attend largely useless meetings, and face constant interruptions.
Why should anyone care about anything other than well defined results?