The OP makes valid points (wanting to teach, bad admin, etc) but serious, in pp you are a highly paid resident. You have to answer to the hospital's beckoning call or your contract will be up for grabs, especially in highly sought after markets. I'm also getting the feeling that these big corporations that are taking over small practices want the most work out of the fewest people, so in that sense pp can be very exhausting. Academic practices tend to be huge which lightens the call burden and the residents can typically do deal with the usual anesthesia scut. Not saying there isn't politics in academics, there definitely is and you still have to play nice, but in pp the politics are insane. Remember, in the end, no matter where we practice, we're still a service industry.