Valley Newbies: What Slowdown?

I think I've finally made the decision to end my part-time job and go full-on into consulting and development. It's kinda spooky, 'cause as a friend said, now I'm getting on the high wire and the safety net's gone.

But, I just can't squeeze any more time out of the day.

Most of my clients have seen shorter revenues lately, and I know at least a couple other folks in the tech industry that are having trouble. I suspect that what the recession is doing at the moment is thinning the herd, laying off those with weaker skill sets while keeping the remainder pretty busy.