Hey Denny, what were you doing as an audio engineer? Studio work? Live sound?
It seems that I responded to this thread some time ago, but I'll say it again for the record...
By day I'm an acoustician - I generally work with architects when they are designing theaters, concert halls, auditoriums, recording or broadcast studios, or with owners of apartments, hotels, or similar facilities, when they don't want neighbors to hear each other. I also design AV systems for these types of places (not the hotels or apartments).
Nights and weekends I run sound at the local school district Performing Arts Center. The pay is not as good as the day job, and the hours suck, but I love interacting with talented musicians and actors (we get touring acts in addition to the school-age kids). They also have a pretty active internship program, and it's great working with the high schoolers who are interested in running sound and the behind-the-scenes aspects of the theater and live music world; this is probably the most rewarding part of the job.
I also do some freelance audio recording, typically bringing my gear to a live performance and often working under a videographer.