I'm constantly debating this issue within myself. (Yea I'm wacko talking to myself, but there are worst things in life) :-)
I currently have a home studio/office and meet potential wedding clients at a local coffee shop where I show them my work. I'm in the process however of converting our living-room in the main entrance of the house to a meet and greet area for potential wedding customers with framed enlargements, albums, place to sit and talk etc..
Just when I think this is the best approach (and most affordable) I drive buy a vacant commercial location and start thinking "wow that would make a great studio".
Does everyone else do this? Maybe some of you already have stand alone studios. I really like the appointment only style but also see the status advantages of a separate studio.
What's everyone take on this?