Some Cons:
Some people may not respect what you do or assume that you aren't smart/ambitious enough for work outside the some.
You are on duty 24/7
The work is often tiring in a way that non-homemakers can't understand. (Like husbands!)

Pros:
Usually a more peaceful homelife. (Bet you'd get lots of guff for suggesting this one!)
More direct control over how your children are raised.
Opportunity to make healthier foods (healthy foods can't be pulled together in 15 minutes between work and socccer!) Notice I say *opportunity*
More direct control over how you spend your own time (well, to some extent . . . )

Shaun
www.homeschoolblogger.com/shaunms