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The attending doctor i was speaking with has worked just about 2 years as an attending physician of oncology/hematology. (Yes he's quite a newbie). He is all smiles when I talk to him about his current work load. On the other hand, when I ask about his residency experience at USC, he was all frowns...
I don't think you want to draw conclusions based one a single data point. There are outliers in every field. As your due diligence, talk to young guys in private practice in multiple specialties, you will get a very different perspective. (Ignore hospitalists and other "short term" career detours -- you can definitely find a laid back couple of years, but these jobs are more equivalent to fellowships you aren't going to stay at for long than longterm career paths).