Freelance or Employment

Here's a question for everybody out there:

"Would you rather work for yourself, choosing your work as you go along with no guarantee of a paypacket at the end of each project? Or would you rather be given your work on a platter (of which you have to do) and be guaranteed a wage?"

This is a question that I have raised with many of my friends in the past, and to be honest in my honest opinion I don't think that you are able to make this decision until you have experienced what it's like on both sides of the border.

At the moment I'm comfortable with Freelance, since I don't feel confident enough in myself to take on a full time work role in employment for a company doing website and graphic design. The advantage of freelancing is being able to pick and choose which projects that I can take on, and also being able to work from home which is a major comfort.

What are your views and opinions on this?