I have very limited time to play music these days. I really enjoy playing my acoustic and just working on the craft of songwriting. It's fulfilling, but I also miss playing live in a band. At the moment, I can choose to do one or the other.
If you've played in bands for over five minutes, you know there's the joy of playing with other people and then there are all the aggravations of being in a band--personality clashes, lack of unified vision for the band, the ins and outs of dealing with club owners. But then there's camaraderie, the joy of meshing with other instruments to creates something fresh or new. It so fulfilling and frustrating at the same time.
My choice is to concentrate on the acoustic and songwriting. As much as I love playing in a band and hating being in a band, songwriting, especially when it works, is so much more satisfying to me.