Thanks! Yea, the vacation policy is getting the most feedback on here. I like the spirit of it, but I think it's clear many people find it keeps them from actually taking vacation.
Just to provide a counter-point on the vacation policy, I worked at a start-up where this kind of policy worked just fine. Most people took a two-week vacation at some point in the summer, and nobody worked between Christmas and New Years. Other days off, usually in ones and twos, whenever needed were always allowed. It worked out great.
I'm curious, b/c conceptually I like the idea of no fixed vacation, just take it when you need it. How was this handled in the company or established in the culture? Did the bosses do the same thing? I could imagine if the heads set the example most might follow suite.