I've been using two spaces my entire life, and I'm not about to stop now! I will occasionally use one space when writing online, but I overwhelmingly stick with two.
Two spaces emerged as a convention for reasons mentioned in other posts here, and typing teachers in particular seem to have jumped on that bandwagon. However, the effect on rendered type is that it leaves unpleasant gaps in paragraphs in most popular programs (Word, etc.), and so the correct form according to typography professionals is apparently one space (or slightly more, but then that becomes a rendering issue, not one for the typist to decide). Since I have a huge appreciation for typography (albeit, not enough knowledge of the art itself), I feel it's worth correcting my habit.
Go figure...