Yeah, it's definitely not a bowl of cherries all the time. My best friend went to her 37 week checkup, and there were no FHT. She was induced, and delivered an otherwise normal baby girl with nuchal cord x 2. I was present throughout the whole thing, and it's probably the saddest thing I've ever seen.
I've found that I'm really drawn to the pregnant/post-partum/infant pts in the ER...it's just fascinating stuff, including the complications that you mentioned abvove.
Honestly, I probably will wait awhile to try L/D...but once I get an idea in my head, it's hard to wait.
Thanks for everyone's input.