I am trying e same thing over the next five months, but I plan to rent apartments for a month or so and travel in between. I like having the Internet, shower, and laundry problems resolved, and I'd like to get to know places beyond superficial tourist level. Plus I have friends visiting for a few weeks at a time.
Which cities have worked out well or poorly for you?
I'm probably traveling a bit heavy right now (mbp 17, 7d and lenses, kindle dx, iPad, outdoor, business, and casual clothes, global blackberry) and going for value luxury (50-100 per night for a 2br 5 star hotel suite, or a nice condo rental). I think that will increase my productivity and happiness, but I'll try the lowest cost option later this year. The people in student or backpacker places are definitely more interesting than at the oriental or peninsula. Mainly Asia and au/nz for now, and Europe probably next, and then maybe a couple months of USA.