I have probably lived in base (70%) for longer than I have spent as a commuter (30%).
But I have experience with both.
I prefer NOT to commute ... your base has to be the real armpit of the universe to deal with the commute.
My bases have included BWI, PHX, MDT, SYR, BGM ... for some perspective. Four armpits total, I have lived in 2 of them and commuted to 3. One that I don't consider an armpit, I actually did not live in.
BUT consider these issues before taking the plunge:
Does your airline have a "commuter-friendly" policy ? ... here's a hint, if you don't know what that is, they DON'T have one.
Stay one leg on your own airline ... with at least 3 flights a day or more.
Use other airlines as a back-up. In other words, don't live in a place that only your airline serves.
Check into parking at both locations. Would you need a car at base ?
Check into crash pads and the cost if needed.
Realize that a commuter typically spends an extra day or so a month on days off in the back of an airplane getting to/from work.
Surscribe to Readers Digest or a book of the month club !
I am sure I missed something. And the advice about your family's attitude towards the whole adventure is priceless as well !
Good Luck, CC