We're partially in this camp, although we're thinking of changing roles within it. My wife is currently a SAHM but is thinking of going back a few days a week while we split homeschooling duties, if we choose to. I'm a teacher but would stay home full time if we decided to homeschool. Technically we could both stay home full time, but we think it would be better for her to go back perhaps 2d/wk to be able to socialize, and I hesitate to leave my job because I love working with kids, despite all the administrative nonsense. If we decide to stick with my working, she's still likely to go back PT, but we'd put the kids in either public or private school.
The funny thing is that our passive income supplemented my day job income more than a year ago, but until a few months ago, we'd gotten into regular debates because I'd wanted to stay home with her and have us both raise the kids full time. She won me over (as did reading longevity research about the importance of purpose and how a lot of long-lived folks found that in work), and I completely reframed my POV and opened my eyes to how much good I was doing for my kids every day I put up with the nonsense parts of work. Now, a few months later, she'd like me to pull the work plug and homeschool with her (I'd teach two days while she worked outside the home, she'd teach two days while I managed our passive streams, and we'd teach together via field trips on the 5th day each week), and even though it's tempting, I'm having a hard time switching gears again.