This has fairly clearly been discussed on the list over and over
again, and clearly /lots/ of people disagree with you on this one.
[Though I personally agree.] Perhaps this just needs to be 'hidden'
and accessible only via gconf-editor or something? It is either
WONTFIX or very minor, though; really alex's call on WONTFIX, probably.

Well alex at least agreed with me :)

The issues comes down to the question is nautilus primarily a
filemanager or is it going to be a full blown web browser as well. If
it's a file manager, well than home should be home. This is the same
as mac finder etc. 

My personal opinion is that we should have another icon on the toolbar
for the default web page if we want to designate a mozilla type home.
call the icon web or something. 

Another issue with home is, that theoretically you could specify a web
page or any other location as home. This would create an inconsistency
as you obviously couldn't use this home as the desktop.

This is basically a "I think nautilus is not a web browser" rant. 
Closing since this feature has recently be ifdefed out anyway.

dave:

You are not the maintainer, therefore you should not be making this 
decision (we are all guilty of this, i do it too sometimes). Alex has 
in the past agreed that he does want to turn nautilus into a web 
browser, so i think I have some standing on this issue. That said, I 
won't make to much of a fuss as long as the code is ifdefed out and 
not included in our distributed builds.