My team at Parse.ly is fully remote/distributed -- and one of the motivating reasons I formed the team that way was to reproduce the feel of Fog Creek's "bionic office", but in each engineer's home office space.
I discussed this a little in my "Notes on Distributed Teams" presentation here:
http://pixelmonkey.org/pub/distributed-teams/notes/#open-pla...
Here's how my personal home office looks:
(Shameless plug, here are the positions we're hiring for, if you're interested! https://news.ycombinator.com/item?id=14902227)