I live on a gravel road about 1 mile from a paved road. I hate it. It's impossible to ride skinny tires on -- okay for the 1.35" tires I use on my Bike Friday, and on my mtb of course, but my DH has to walk his go-fast carbon Trek up and down each way (I used to do the same til I sold my go-fast bike).

I also hate gravel for driving. It is dusty when it's dry out and muddy when it's wet (splashes way up high on my Element, not that I am a car weenie, but I don't like it to look like complete crap), the washboarding and potholes get bad between maintenance times (it has to be rescraped twice a year and new gravel put down every year or two). Unfortunately, most of my neighbors have no interest in chipping in to have it paved, so gravel it remains. It's definitely scenic and tranquil living down a wooded lane, but I'll never buy a house on a gravel road again.