Nice to see this movement is alive and well. I sure miss the days of a smaller boat. We bought large for chartering. Now that we're living aboard and not chartering, we use one entire stateroom as storage for light objects. We use maybe 2/3 of our 45' boat. One thing I like is the ability of a larger boat to handle rough seas.
Things that are not so great are:
Cost to maintain
Cost of dockage
Cost of diesel and everything
Purchase price
And the kicker - I have to work the next 2 years solid to pay off the damn loan.

Wouldn't it be smarter to get a slightly smaller boat and have a cruising kitty all read to go? I think so.
PS: I also really miss sailing things like Hobie Cats, Lasers and 420's. Pure sailing fun without any of the responsibility!