There is a reason why people stopped doing this 60 years ago.
There's also a reason a lot of people are going back to it. Today isn't 60 years ago. Our times aren't like our parents' and grandparents'. Back then, a man could go to college, and was guaranteed a solid 9-5 job, enough income to live well, while the wife stayed home. Now, we go to college, get a shitty job, are in debt to everyone, both spouses work, the family barely sees each other, we eat food that's loaded with chemicals, and spend our spare time staring at stupid reality shows, phones, ipads, ipods, and laptops.
My wife and I have been wanting to do this for a while. We're still going to work. We're hoping to both be self-employed soon. But, we'd like to live simpler, with less crap, grow and raise some of our own food, and get away from cubicles and shite jobs. It doesn't have to be easier to be more fulfilling.