I left Balanced a few weeks ago. I really loved the team, the product, and the work, but I couldn't stand living in San Francisco. I wasn't really doing development work at Balanced, so remote didn't make a whole lot of sense, either. I really want to dis-associate my work requirements from time and space, rather than need to be physically present at an office most of the time. Sometimes, things just don't work out, even when everyone involved wants them to. I still hang out in IRC and even answer questions from time to time.

I elaborated here: http://words.steveklabnik.com/sf