It has pro's and con's. I work in Pompey and that area has currently undergone three phases of parking permits. The first two phases opted for as they could never get parking outside their houses as commuters and shoppers were using them so it's good for them actually parking outside their houses rather than one or two roads away. The third phase opted against and now their roads are rammed with commuters and they are now gettign very angry. The commuters may suffer in the future if that third phase decide to go onto permits because in less local workers have their own dedicated parking they aren't going have any parking as they can only get permits on their road and all those roads have been sneakily changed to pay and displays and the council won't issue permits for those roads as they will lose revenue. So eventually the council may push some businesses out.
I think you need to think of all the implications on yourself and others but potentially if you own your house and come to sell and visitors can't get parking that may be a put off. I don't know what your area is like though.
Onzadog… if you have any advice for my situation that would be greatly appreciated.