I was laid off about 5 months ago, and by default became a SAHM.
I will say that I have a 4 y/o and a 2 y/o, and they still go to daycare twice a week so I can job hunt/have a bit of breathing room (DH isn't always around on weekends, so it's not like I get 4 days off or anything!)

Due to external issues, I handled a bunch of things for the first two/three months that could have been an issue if I wasn't around 100% of the time (e.g., selling our old house, helping a sick relative, that type of thing) so I've only been able to actually been able to work on job searches for a little while. (i.e., I am not sitting on my butt not doing a thing to get a new job). Finances are tight, but not unsustainable. Severance from my last position, profit from selling that last house that I owned, living in a much less expensive area, and investments mean that I have "income" left for the next 5-6 months before it's DH entirely supporting us. Even then, I have my own investments that (while I'd rather not tap them) means that money is not a dramatic issue. More along the lines of going to OC instead of Hawaii for a vacation.
I think I'm expected to do too much, but maybe it's me - we used to have a smaller house, smaller yard, smaller everything, outsourced a bit and split everything close to 50/50. Now I do literally everything... literally... everything... DH doesn't even pack his own lunch or take the Tupperware out of the bag that he leaves on the kitchen table.
So... title says it all. If you have a SAH spouse, what do you expect him/her to handle on a daily/weekly basis? Inside the house? Outside the house? do they do your laundry? Drop off dry cleaning? Schedule all DR apts (including yours?)? I guess I just need a reality check - is this really what a SAHP is expected to handle?