Quote: "Everyone says it's the best years of your life, but I'm not going away to college. I'm staying at home but just doing a little commute to the college. Hopefully it's still good times."
Yeah, that's not near as fun as living independently on or near campus, but hopefully it will still be fun.
I'm in my second year of college (which is used interchangeably with university over here in the US for you UKers). I'm still living on campus, and so far they are the best years of my life: independence, good friends, interesting classes, living in a mini-city of semi-intelligent (relative to high school) peers, and lots of free time (I actually have more now than in high school, because you aren't in school 5 days a week * 8 hours a day, most people only take 14-18 hours in college, meaning you are physically in the classroom for that many hours a week, less than half of what you were in high school).
I do know some people who chose to (or had to) live at home, and aren't having near as much fun, because it's almost like an extension of high school. You lose the independence and atmosphere of living on or near campus, and have fewer chances to meet people (and therefore make friends), but I guess it's whatever you make it.