Contemplating to Move to a Domain

I give full credit to Blogspot to have completely captured my attention and I am now whole-heartedly stuck to blogging, long gone are the days where I used to idle aimlessly on the web, the world of Blogging has my undivided attention. The passion has gone to such an extent that my family need not talk to me, and can check my blog to know my whereabouts.... Is this a disease????

Taking the passion a bit further, I am in the process of jumping away from blogspot, When? You you might ask, I can't exactly say when, but I have been seriously thinking of having Teeth Maestro starred on www.teeth.com.pk/blog (I already own the teeth.com.pk domain) that way I can then take this new found passion to another level and use WordPress in all its glory. I am aware that the transition is going to be bad, for that reason I have to be very meticulous ensure the new blog is up to speed before I actually hop onto it. If that day does come, I know you all will be understanding. I would also appreciate any recommendations or past experiences in this transition.

What do you have to say, Would you move away from blogspot and be ready to take your chances on a seperate domain?

Update 15th March: Check out the post by Yasir Memon where he describes the best way to migrate slowly from the Blogspot address to your own domain.

Yasir Suleman Memon : Migrating your blog from blogger.com to WordPress, BlogCMS and others