NULL values or not?

Hi there,

I have a question about NULL values. Lets say that we have a world with
the following info:

FirstName
LastName
PhoneNumber

Everyone has to have a FirstName and LastName but not everyone has to have
a PhoneNumber.

Personally I don't like NULL values, so I would have created to tables for
the above world roughly like this:

CREATE TABLE person
(
id int2,
firstname text,
lastname text
);

CREATE TABLE phonenumbers
(
id int2,
phonenumber text
);

with keys and indexes and such things.

A SELECT statement to retireve all info from these two tables would look
like this:

SELECT firstname, lastname, phonenumber
FROM person
LEFT JOIN phonenumbers USING (id);

Another way of doing the same world is the following

CREATE TABLE person
(
id int2,
firstname text,
lastname text,
phonenumber text
);

with all appropriate keys etc.

A SELECT statement would look like this:

SELECT firstname, lastname, phonenumber
FROM person;

As I wrote, I usually try to avoid NULL values, thus creating my tables as
the first example. What kind of thumb rules do you use when it comes to
NULL values? Again, I am referring to my vampire database which I named a
few days ago (btw, without VACUUM the SELECT statement takes less then a
second) and I am planning on making less tables where I can. But it still
feels wrong to add NULL values when I can avoid them.

Could someone give me some input please?

Thanks in advance,

Archie