I think it depends to a degree on the person, but there are a lot of other factors to take into account before deciding it's a good thing.
Some people (and I suspect it is the majority) are constitutionally unsuited for WFH, whatever the circumstance. Others are capable of being valuable and productive in restricted periods, and others for significantly longer sessions, but what they are (supposed to be) doing is a major factor.
I think there are a minority of jobs(roles) that lend themselves to (semi-) permanently WFH. There are few roles that wouldn't suit at least short periods of WFH, but I am convinced that the majority of work productivity is improved by day-to-day teamwork and face-to-face interaction. Certainly, this latter applies to me, and most of my working life.
I've never really enjoyed extended periods of WFH (which is probably a mark of my own preferences), but my various work responsibilities over the years have rather negated it as an option anyway.
I have, however, spent an awful lot of time working extended hours away from my home office, at distributed work locations, client locations, supplier locations, and far too much time in corporate lawyer's offices.
I've almost always had (man-)managerial responsibilities at the same time, and I must admit the advent of the mobile phone (my first was a bulky fixed car kit in the company car) improved things in one way (but being "permanently available" was sometimes rather less than an improvement, and certainly permanently extended my working day).
Whilst not generally supporting extended WFH, I have always been in favour of allowing a significant amount of flexibility in working pattern. Given that it was the upside I had in return for "putting myself out" in my early career, it was something I've endeavoured to "pass forward" to those that worked for me. Only a few abused the privilege, and failed to find a reasonable balance - they didn't last long.
After all that, and demonstrating that I'm not much in favour of WFH, I have to say that in my time I've worked with some people who I wish had worked from home. ;-)
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