I wrote a very large blog post about the topic. I've found that unit testing alone isn't worth the work and usually gets cut when deadlines get closer.
Instead of talking about unit testing from the "test-after" verification point of view, we should look at the true value found when you set out to write a spec/test/idea before the implementation.
This simple idea has changed the way I write software and I wouldn't go back to the "old" way.