From a teacher's perspective our competition is tough. Passing out a handout of 30 problems that are all in a format of 534x25= is not as stimulating in the students' eyes as playing games such as Grand Theft Auto and Resident Evil.
Homeschool worksheets are far more than busy work. They are an important part of making sure that the concepts you teach in your home school stick with your child. Just make sure you have a good source for providing the worksheets, and that they're the right ones for your kid or kids.
However, caution must be taken into account when review is repeatedly covered in your classroom. You do not want your students to become bored or frustrated with the repetition.
Ratios and proportions are likewise wonderful math lessons with plenty of interesting practical applications. If three pans of pizza, one kilo of spaghetti, two buckets of chicken can properly feed 20 hungry friends, then how much pizza, spaghetti and chicken does mom need to prepare for birthday party with 30 kids?