If
* you can take enough time off by yourself, and
* your team is doing the same/is not resentful, and
* your signifiant other is also ok with it
then it's pretty great.
Kids ill? Day off. Have a big trip planned to far away? You can now stay longer, and don't need to sacrifice e.g. Thanksgiving or Christmas. Moving house? Days off. Etc.
Anecdotally, productivity is up on teams I've been on with DTO. Everyone is just more rested, relaxed, and ready.