I came across the following information 
here. Thanks to the writers behind BirthSpirit for writing it!
               Why                  Choose Homebirth?
 
               Giving                  birth naturally can be an experience of transformation and empowerment                  for everyone involved, and yet the intensity of the process can                  be challenging for many women. The key to a birth that is both                  healthy and minimally painful is the ability to relax, as it allows                  the spontaneous rhythms of labor to progress without interference.                  The greatest obstacle is fear, for it generates tension and resistance                  and makes coping with contractions more difficult. In general,                  the more relaxed the mother, the easier the birth.
             
               Mothers birth best where they feel the most comfortable. For many                  healthy, low-risk mothers, home provides a supportive and safe                  environment in which to give birth. Moreover, when a newborn baby                  is perceived to be a conscious, cognizant being, the manner in                  which he/she is born can have far reaching effects both psychologically                  and spiritually. In the privacy and sanctity of home, a mother                  can surround herself with those she loves and trusts. Assisted                  by capable, experienced practitioners, the family has more freedom                  to create the experience they desire and welcome their new child                  with love and dignity. 
 "Where                         would all the specialists and producers of medical technology                         and drugs be if it were suddenly 'discovered' that when                         women eat well in pregnancy, eliminate drugs and stop                         substance abuse, almost all complications disappear?" -                         Anne Frye
               Advantages                  for Mother
             -                                       Childbirth has the potential to be a profound, life-transforming                    experience for the woman, one which may facilitate emotional                    healing, strengthen and deepen her relationships to all aspects                    of herself--with far reaching effects to her children, her mate                    and family members. 
-                                       She is not subjected to routine procedures such as continuous                    electronic fetal monitoring, IVs, and episiotomy. 
-                                       She can eat, drink, walk, and rest freely, working with her                    own natural body rhythms. 
- She has continuous care with the same attendant throughout                    the prenatal, labor, delivery and postpartum periods, facilitating                    trust and competent decision-making based on process as an individual.                     
-                   She                    is more likely to deliver without drugs, vacuum extractors or                    cesarean section when supported by caregivers who feel that                    birth is a normal physiological function. 
-                                       The woman and baby have less risk of infection in her own home.                     
-                   She                    is free to explore a variety of creative birthing options such                    as waterbirth, birthing stools, delivery positions like squatting                    or hands and knees, and may utilize comfort measures like candles,                    incense, inspiring music, and aromatherapy. 
-                   She                    is less likely to experience postpartum depression when she                    has not been separated from her baby. In addition, when childbirth                    takes place at home, it becomes an integral part of family life,                    with father and/or siblings able to participate in as complete                    and appropriate a manner as possible. This assists postpartum                    adjustment for all family members. 
Advantages for Baby 
             -                   The                    baby's experience at birth can be made as gentle and loving                    as possible, and routine procedures such as deep suctioning,                    bright lights and artificial warming can be avoided unless medically                    necessary. 
-                   The                    healthy baby remains with the mother, preserving the mother-infant                    bonding so crucial to the development of attachment parenting.                     
-                   The                    baby is more likely to be born vaginally without breathing difficulties                    so often associated with anesthetics and cesarean birth. 
-                   Breastfeeding                    is easier to establish when the baby can nurse on demand, and                    the mother is given immediate encouragement and instruction                    in proper technique.  
-                   Baby                    is less likely to develop an infection at home.
 
 
SAFETY                  OF HOMEBIRTH 
               There                  have been a number of clinical studies on the safety of homebirth                  for normal, low-risk women receiving good prenatal care. Practically                  all of them show that homebirth is either as safe, or safer, than                  hospital birth - for low risk, healthy pregnant women with normal                  pregnancies. The main study describing homebirth as more dangerous                  is a study that was done by the American College of Obstetricians                  and Gynecologists in 1978 called "Health Department Data Shows                  Danger of Homebirths." This study included all out-of-hospital                  births, including unattended births in the home, births en route                  to the hospital, mothers who may have been high risk, had received                  no prenatal care, and babies who were pre-term. This factor, which                  skewed the results, was not widely acknowledged. In fact, this                  report also included miscarriages in its data showing the risks                  of homebirth. Clearly, this report is not representative of the                  kind of homebirth that midwives are offering. And interestingly                  enough, it seems to be the ONLY study that showed homebirth to                  be less safe than hospital birth, although many studies have tried.                  
               To                  read more about the safely of homebirth with skilled midwives,
               read The Five Standards for Safe Childbearing, by David                  Stewart, Ph.D. It cites study after study that detail the statistics                  that prove the safety of midwife-attended homebirth
Home                Birth and Out-of-Hospital Birth: Is it Safe?
             How Safe is that Hospital Anyway? 
             Information compiled by Jennifer L. Griebenow                4/97 
             In                the past, most Americans were born at home with lay midwives attending.                The mortality rate for both mothers and babies was higher in 1900,                at 700 maternal deaths per 100,000 births, than it is now. Babies                also died at a significantly higher rate at that time, which decreased                to 28.9 births per thousand by 1960. Obstetricians tend to emphasize                that many women used to die in childbirth, implying that we should                be grateful for current obstetric practice. However, even in 1900,                the percent of women who died giving birth was only 7/10ths of one                percent! One has to wonder how this percentage compares with our                country's current cesarean section rate of 22%. 
             Are                the surgeries performed on these mothers actually saving them from                imminent death? Maternal and infant mortality are lower now than                they were 40 years ago. But the assumption that hospital birth is                safer for mother and baby has never been supported. Prenatal care,                better nutrition, antibiotics and blood transfusion have played                more of a part in the relative safety of birth now. Sheila Kitzinger,                British childbirth expert, states that planned home birth with an                experienced lay midwife has a perinatal death rate of 3-4 babies                per 1,000 births. Hospital births, by contrast, carry a perinatal                mortality rate of 9-10/1,000. [Perinatal death rates include fetal                deaths on and after 28 weeks gestation, whereas neonatal mortality                rates only include deaths occurring in the first 28 days after.)A                study in Australia found a perinatal mortality rate of 5.9/1,000                out of 3400 planned home births. 
             -                   Joseph C. Pearce states in his landmark book Evolution's End that                  homebirthed babies have a six to one better chance of survival                  than a hospital-birthed child. 
- A                  study in the Netherlands done in 1986 on women who were having                  their first babies showed these results: out of 41,861 women who                  delivered in the hospital, the perinatal mortality rate was 20.2/1,000.                  Of 15,031 women who delivered at home with a trained midwife,                  the rate was 1.5/1,000 . I know, I thought it must be a typo too.                  
- Marsden                  Wagner, formerly of the World Health Organization, states that                  every country in the European Region that has infant mortality                  rates better than the US uses midwives as the principal and only                  attendant for at least 70% of the births. He also states that                  the countries with the lowest perinatal mortality rates in the                  world have cesarean section rates below 10%. How does this compare                  with the US rate? Miserably. 
Cesarean                section and hospital birth is not doing for women and their newborns                what doctors and hospitals claim it is! Ask for statistics and studies                when your doctor claims hospital birth is safer than planned (not                accidental, unattended) home birth. He will be unable to provide                them. If your doctor says, "That's common knowledge," you would                be wise to seek another health care provider. If you can find studies                that claim hospital birth is safer, you will find that they included                deaths occurring in unplanned, unattended births that occurred at                home, rather than comparing normal, low-risk women. And more often                than not, the study will have been funded by (guess who?) ACOG (The                American College of Obstetricians & Gynecologists). Other studies:
             - Lewis                  Mehl did a study comparing home and hospital birth with mothers                  from California and Wisconsin with matched populations of 2,092                  mothers for each group. Midwives and family doctors attended the                  homebirths; OB-GYNs and family doctors attended hospital births.                  Within the hospital group, the fetal distress rate was 6 times                  higher. Maternal hemorrhage was 3 times higher. Limp, unresponsive                  newborns arrived 3 times more often. Neonatal infections were                  4 times as common. There were 30 permanent birth injuries caused                  by doctors. 
- Dr.                  Mehl did another study comparing 1,046 home births with 1,046                  hospital births. The groups were matched for age, risk factors,                  etc. There was no difference in infant mortality. None! However                  the hospital births caused more fetal distress, lacerations to                  the mother, neonatal infections and so on. There was a higher                  rate of forceps and C-section delivery and nine times as many                  episiotomies.
- o                  Robert C. Goodlin reported in the Lancet on 1,000 births, half                  occurring in a hospital, half in a birth center. There were no                  IVs, monitors or anesthesia used in the birth center, but the                  babies were born in better condition. Besides that, three times                  as many cesareans were performed in the hospital. 
- In                  1982, Anita Bennett and Ruth Lubic evaluated 2000 births that                  had happened in 11 freestanding birth centers. The neonatal death                  rate was 4.6/1,000. The authors were denied information on low-risk                  women delivering in hospitals. One wonders why.... 
- A                  British research statistician, Marjorie Tew, did long term studies                  of the safety of birth in various settings during the 1980s. She                  found that among a sample of 16,200 births, the perinatal mortality                  rate was lower for out-of-hospital births, even for very high-risk                  mothers! At a relatively high-risk level, perinatal mortality                  was three times higher in hospital. Tew then expanded her research                  by using information from the Netherlands, a nation where both                  obstetricians and midwives practice. The perinatal mortality rate                  was ten times higher in the hospital births there, even though                  the risk status of the mothers at the time of delivery was not                  much higher than that of mothers who chose midwives. 
- In                  the Netherlands, which has a significantly lower infant mortality                  rate than ours, the C-section rate is 7%. The episiotomy rate                  is 6%, whereas ours is as high as 90%. Midwives attend most of                  the births in the Netherlands. (Midwives tend to allow time for                  the woman's tissues to stretch and to use perineal massage, warm                  compresses, and good head flexion to avoid both episiotomies and                  tearing; hence the lower Netherlands rate.) 
- In                  1988, the US ranked 19th among industrialized nations for low                  infant mortality rates. By comparison, Sweden, where all mothers                  receive midwifery care, even when they are high risk and may also                  require physician care, ranked second. 
- Between                  1978 and 1985, licensed midwives in Arizona had a perinatal mortality                  rate of 2.2/1,000 and a neonatal mortality rate of 1.1/1,000.                  o In Madera County Hospital in California, where there is a transient,                  high-risk population, midwives did the best job. In 1959, when                  doctors did the deliveries the neonatal mortality rate was 23.9/1,000.                  During 1960-1963, midwives had a rate of 10.3/1,000. When OBGYNs                  took over again in 1964, the rate skyrocketed to 32.1/1,000. 
In                A Good Birth, A Safe Birth, Diana Korte and Roberta Scaer                quote Tew, the research statistician, who says, "The danger of home                as a place of birth does not lie in its threat to the healthy survival                of mothers and babies, but in its threat to the healthy survival                of obstetricians and obstetric practice". 
             Another                factor that is important in making the choice about where to give                birth may surprise you. It makes common sense, but has also been                documented by several studies. Women who give birth in a hospital                are much more likely to experience postpartum depression or even                post traumatic stress disorder. Kitzinger states that the more interventions                a woman experiences, the more likely she is to be depressed, with                C-sections obviously carrying the greatest risk of depression. She                quotes 5 or 6 studies documenting the effects of this "institutional                violence." Aidan McFarlane, a British physician, notes that while                68% of hospital mothers experience postpartum depression, only 16%                of home birth mothers do. On The Farm, a self-contained, alternative                lifestyle community in Tennessee, the rate of postpartum depression                was .03 percent. Almost all mothers on the Farm had both a homebirth                and a supportive, loving community of women to assist them postpartum.                Avoiding depression, in itself, would be a major reason for mothers                to consider giving birth in their own homes, if that is where they                are most comfortable, especially if they had previously experienced                postpartum depression and thus were at high risk for a repeat episode.                
             Aspects                of hospital birth that may strongly contribute to the incidence                of postpartum depression in our country are the way the moment of                birth is handled and the routine separation of baby and mother.                In a study that appeared in the New England Journal of Medicine                in 1972, Marshall Klaus, the "bonding" expert, found that holding                the baby close released "dormant intelligences" in the mother and                caused "precise shifts of brain functioning and permanent behavior                changes". In other words, bonding is not just an emotional thing                that only mothers think happens. It is a biochemical process that                forever changes the mother, so that she knows more instinctively                how to relate to her baby. In the hospital, baby cannot see mom                with all the bright lights and is often inspected and observed for                several hours before mother can hold it for any length of time.                This is not to say love can't make up for this loss, but motherhood                might come easier if we had those natural body changes to help us.                
             Then                babies are still routinely kept in the nursery, if not most of the                time, at least part of the time. The routine separation of mom and                infant makes baby frightened and mom depressed. This may be why                postpartum depression and difficult adjustments are so common in                the US and rare elsewhere. Japan moved from midwifery to obstetrical                handling of births approximately 25 years ago. When older Japanese                recently asked Joseph Pearce why their mothers no longer "know what                to do with their children," one has to wonder how much the new hospital                setting has to do with it. 
             Most                homebirth studies also show a significantly lower rate of C-section                than hospitals have. Most stats show a rate between 1-5% for planned                homebirths, with the above-quoted lower mortality rates as well.                Cesarean sections themselves carry a far greater risk of additional                illness or death than most people realize. They have become so routine                in our society that everyone feels "It's no big deal." However,                C-sections carry a 2 to 4 times greater risk of death than do vaginal                deliveries (Boston Women's Health Book Collective). Several studies                on the risk of death from the surgery alone (i.e. factoring out                the conditions the surgery was done for) have shown varying, yet                consistently depressing, results. Errard and Gold found with eleven                years of statistics that the risk of death from cesarean section                was 26 times greater than from vaginal birth. Cohen and Estner also                cite a study done in Georgia showing a maternal death rate of 59.3                per 100,000 women who had cesarean section versus 9.7/100.000 for                women who delivered vaginally. A California study showed a maternal                death rate 2-3 times greater from C-section. Korte and Scaer state                that obstetricians admit a maternal death rate four to six times                higher with cesareans, and add that many believe the rate is higher,                giving 1 in 1,000 as the true odds of death for a c-section mother.
"We                     have a secret in our culture, and it's not that birth is                     painful.
         It's that women are strong." 
                 Laura                  Stavoe Harm