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A lot of good advice here. You can potentially make more money doing consulting, but you need to be able to weather any gaps. And in many cases, you are looking for your next gig as soon as you accept your current one. If you're doing more journeyman level IT work, it's easy to jump around, but if you're trying to make $150+ per hour (after taxes, retirement and other benefits), you might find yourself occasionally out of work for periods of time or needing to relocate to keep the cash stream flowing.
There are companies that you can work for and jump from job to job, like ManPower and then there are other companies that take a cut of your pay and just provide all your back office support.
Me personally, I try to just get a permanent role. It's more stable, at least in my mind. I could potentially be a little more risky since I do get supplemental income (military retirement, VA disability, wife's pension etc.), but I just don't want the added stress on top of my already stressful job.
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