In college, I took a black and white photography class. I have to say, it was a ton of fun. I remember developing my own film with pride (I even developed my friend's black and white headshots). I also remember the chemicals — stop, fixer, developer. Good times!
Adorama Learning Center has a run down of the supplies you would need to build your own darkroom. While I would love to have my own b&w darkroom, I don't think I have the space. I've heard stories of folks using their poorly ventilated and poorly lit bathrooms as darkrooms but I'm not sure if my boyfriend Anthony would appreciate the aroma of chemicals in our tub!