The job market in the Valley is excellent for developers - if you for some reason aren't happy at Yahoo, it would be very easy to find another position nearby.

The job market in the Valley is excellent for developers - if you for some reason aren't happy at Yahoo, it would be very easy to find another position nearby. Otherwise, this is only a question you can really answer. I wouldn't think too much about the stock options though - if anything, they'd just be a nice bonus.