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Remember sometimes working online isn't as great as it sounds, often you are running your own business, it can consume you. You may be glued to your laptop for all your waking hours, whereas if you had a day job you could have gone to the pub at 6pm without a care in the world.
The thing that appeals is that if you're working online you don't need to be based in the same place all the time. You can move around the world instead of being stuck in the 9-5 rut in one city. There's nothing worse than having what time you need to go to bed and wake up at dictated by work IMO.