In the case you want to make your head hurt, read this.
Here is a link to an excellent article from Mother Earth News entitled, "Bright Ideas for Home Lighting."
http://www.motherearthnews.com/Alternative-Energy/2007-04-01/Bright-Ideas-for-Home-Lighting.aspx
A few excerpts from the article...
Concerning mercury:
"Most experts say not to worry about the health effects of exposure to the mercury in a compact fluorescent, even if the bulb breaks. As a frame of reference, one CFL contains 4 milligrams of mercury, just a fraction of the 500 milligrams found in old mercury thermometers, according to the U.S. Environmental Protection Agency (EPA). In fact, using compact fluorescents actually reduces mercury pollution, because the main source of mercury pollution is coal-burning power plants -- the most common source of electricity in the United States. According to the EPA, the power used during the life of an incandescent bulb breaks down to about 10 milligrams of mercury pollution, compared to only 2.4 milligrams to operate a CFL for the same length of time."
"Consumers should know that the mercury in CFLs is not going to be detrimental to them in their home," Reed says. "But it's important to responsibly dispose of them, as you would any product that contains mercury -- batteries, old thermometers and thermostats." Wilson has reached the same conclusion: "The take-home message is that when fluorescents have ceased to work properly, they shouldn't just be thrown in the trash; you should dispose of them through your local solid waste agency."
Concerning product quality:
"There are several reasons people have been reluctant to make the switch. One is the higher initial cost of the bulb. Another is historical problems with quality. Early CFLs tended to flicker when you hit the light switch, with a brief delay before they came on. The quality of the light could also make colors appear washed out. However, new fluorescents and CFLs don't usually have these problems, says Alex Wilson, executive editor of Environmental Building News and author of Your Green Home. He explains that their light quality is higher today, and the technology has improved. "Today's fluorescents are produced with electronic ballasts, so they're not going to flicker and hum as they would with the older magnetic ballasts," he says