> I realize these are questions for a tax accountant but I'm curious as to what other self employed developers know about this.

Mark,

I don't remember all the specifics, but I asked the same question about a year ago to a good friend who is a CPA. I am in a similar situation to you and he advised against it. He said there were very few benefits, but added annual expense in incorporating and then also filing.

Kind Regards,

Mat