I´ve never had a professional peel, either.
1) I´m a chicken
2) Could not afford the down-time
3) could not resist picking on the loose skin.
I am using Mandelic Acid 15 % (GoW) right now, though. I am hoping to get some of a peel´s benefits but in a slower, gentler and more inexpensive way. Also see 2) and 3).

Mim, do you have to use a high SPF on your face forever now? Is the new skin quite normal colour or paler than you used to be?
Hawk Lady, what are your main reasons for wanting the peel, or rather, the issues you want to solve? I´m curious! Also, if you decide to do it, please tell us what you thought about it, the results, etc etc.