is_home() doesn’t act like (i think) it should

Seems that if you use is_home() in a conditional statement, and your “homepage” is set under options to a static page, it returns ‘false’.

Not a big deal, as you can use is_page(‘title of homepage’) as a substitute, but I thought it odd and that perhaps it was over looked when the “static homepage” option was added a couple of revs ago.