I don't understand people who have kids to just throw them in daycare all day. Do your child a favor and figure out a way for one of you to stay home.
I wish it was possible, but unfortunately it is not. We don't live outside of our means, but I have been laid off 2 times in the past 3 years, and now have a salary much less than I had when we bought our house. We didn't want to wait any longer to have kids, since we were afraid we wouldn't be able to have them later. We are still able to afford everything, but dual income is necessary at this time. My wife has her doctorate now, so once she is licensed later this year and (if) she gets a higher paying job, I may be able to stay home with the baby. We don't have any family capable of watching her either.
The daycare we are bringing them to seems very interactive though, we have visited it a few times already, and each time we peek in, they are sitting on the floor playing with the kids. Also, when they get to toddler and above, it allows them to be social with other kids, which hopefully will make the transition to preschool and kindergarten better.
Believe me though, the first day I bring our daughter to daycare I'm going to be kicking myself for not making more money (and regretting choosing the technical support field to work in). :'(