Even though I enjoyed my 365 project last year I was glad to finish it on December 31st. Some days it was hard to remember to take a picture and I ended up with a shot I wasn't really happy with, often because I was busy with the children, house, life - you know how it is! But looking through my flickr set I'm so glad I pushed myself to do it, little snippets of life recorded to treasure.
If you are thinking of doing a 365 Project I'd say go for it, it encourages you to get to know your camera better, to notice life around you in the hurly burly of family life and creates a special record of a year.
Go on, you know you want to!