What you say is true but only part of the problem. There are liability issues, security issues, and responsiblity issues that have yet to be tested.

For instance, do the child labor laws effect you allowing your 4 year old child to, say, staple papers for you? What if you got hurt while working at home? Is this covered under workman's comp or home owners insurance? How will you keep the companies data secure over a dsl line?

Believe me, companies are more concerned about these issues than whether you are taking time out to watch Oprah.