I'm lucky to work in a small R&D department. It is the promised land as far as I'm concerned. The work isn't always very inspiring (although sometimes it kicks posterior) but the other guys here are all really clever and the atmosphere is good and thus is a high standard of quality produced.

I'm not saying its as much fun as Xerox PARC in its heyday but I wouldn't want to work anywhere else right now (not realistically speaking anyway, I'd give my left nadger to work in R&D for Honda).