I was going to make a longer reply, but then I noticed this, and my reply reduces to:

* Getting to actually see your kid: priceless.

If you're out of the house 7am - 7pm, all you're going to see of your kid are asleep (cute but boring) or awake (go back to sleep!). If that's what you've got to do, that's what you've got to do, but if there's an alternative that's pretty cool.

Whereas if you're only gone 9 'til 5, you've got a couple of little windows there where you actually get to have fun with them. Plus lunch.

The downside is that it is pretty easy to get distracted. You'll need to set up some kind of office environment, and work out how to make it work for you.

Good luck!