I'm a big fan of bootstrapping, and I highly recommend the following books:

http://www.amazon.com/Bootstrapping-Your-Business-Successful-Company/dp/1593373872/

http://www.amazon.com/Bootstrap-Lessons-Learned-Building-Successful/dp/0971187304/

And here's a good intro article to bootstrapping:

http://www.inc.com/magazine/20020201/23855.html

I've come across Greg Gianforte before on ITConversations. Listen to the talk because his lessons are compelling and covers the bootstrapping article you supplied, "Bootstrapping Your Company", 2006 MySQL Conference, 19Mb, mp3 42m, 2006APR25 ~ http://osc.gigavox.com/shows/detail1624.html

Would YC have a problem with a startup "built to enjoy", with no exit strategy?

Yes. "Built to enjoy" startups provide no exit for the investor which makes it extremely difficult to recover an initial investment.

If you can bootstrap, do it. Venture capital is only a tool to be used in certain strategies where growth or momentum are prereqs to market profitability.

Bootstrapping is exhausting, not sexy.

bootstrapping sounds much too kinky to be sexy