I agree with all of you in that given a choice I'd rather be the A-Z solution provider.
I was simply stating that given a choice of sitting home or working T&M, the choice to me is clear. Let me also state that currently I'm a one man shop, so my overhead, communication deliverables, he said / she said excuses are different than someone that has schedulers, field workers, designers, etc.

As for the t-bone comment; it reminded me of that great video we have here somewhere, where the people are trying to get a deal at CD shop, barber, etc.