Not my experience - I love working from home. Going to work is just a matter of crossing the yard to get to my office. Almost no meetings, no office politics - bliss. My only real complaint is that no-one ever reads past the first paragraph of any email. Sometimes emails have to be longer than that, so every now and again, I have to hop on a plane and go and explain to someone what all those second paragraphs said.
I've worked from home before and I can pretty much relate to what the article says. It's nice to do once in a while, but I much prefer to actually go to the office.
The key to working from home is to have a clear separation between your office and the rest of your life. It's ok if it crosses over (after all, that's the advantage of not having to work at an office), but they shouldn't be intertwined.