i'm going to leap to the defense of shutting off.
- as JanGeo pointed out, you don't "lose" your brakes. you still have 2-3 full-assist pedal applications in reserve with the engine off (depending on the car). that said, i would not be comfortable doing this in a heavy car, where assist is critical. in my car though, i could safely stop it with no assist at all because it's light enough. besides that, the pedal effort isn't ridiculously high without vacuum assist.
- the loss of power steering is a bigger safety concern. and doesn't apply to my vehicle, since it's manual anyway
- as for cooling down the cat and losing efficiency on re-start, i think that's stretching a little bit. we'll be seeing auto shut-off coming to more and more production cars, not just hybrids (gm tries to get away with calling its pick-ups with auto shut-off "hybrids", but they aren't really hybrids). nevertheless *all* current hybrid models currently shut down their engines when not needed (depending on a number of variables, including that they have already reached normal operating temps). once fully warmed, the cool-down is minimal in shut-off, or else they wouldn't be doing it.
- wear and tear on the starter is absolutely a valid point. it's why i would be much less likely to switch off the engine in a car with an automatic transmission, since restarting electrically is your only option (not to mention potential loss of lubrication, depending on tranny design, described in an earlier post).
- in my manual shift car, i don't usually use the starter if i have been coasting. i almost always re-start with the clutch before i lose momentum. select a high gear (4th or 5th) at a low road speed, partially engage the clutch - just for a split second - and the motor spools up with hardly a "bump" felt.
- as for not "feeling" right, i can't argue against that. you have to do what you're comfortable with.
welcome to the site JanGeo! can i assume from your name that you're a metro owner, sent to dilute the general honda-ness of things around here?