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I started walking to work this past week. 1.7 miles each way, and I even lived to tell about it! ;-)
I'm in the process of getting an article about walking to work written for TOD:Local, I hope to get it done in the next few weeks if I can find the time.
One of the great things about walking to work is that I am now insulated from motor fuel price increases. This applies equally for those that bicycle.
Yes, one of the biggest problems is not the automobile necessarily, but automobile dependency. If you don't need a car -- able to walk to work and the supermarket -- then you can look at gas prices and decide IF you want to use the car or not. Thus, high gas prices are completely avoidable. Cancel the tour of Civil War battlefields and spend the weekend gardening and enjoying a barbecue with friends instead. Big deal.
Yes, check out the invite for TOD:Local over in the sidebar, folks...you'll see what we're looking for.