Laundering shirts at home can be good way for men who a) do not employ a laundress and b) are willing to learn how to iron to occupy themselves during spectator sports. Shirts come out brighter and wrinkle free, and careful laundering can double the life of a shirt (of course, the principal challenge with this kind of activity is that maintaining both shirts and shoes at home can take up a good part of a day each week and probably borders on obsessiveness).
I learned my shirt laundering echnique from a master, Alex Kabbaz, and there is no reason to duplicate work that can be found on his site. No, the only thing I can add is that home launderers should consider a steam station style iron like the Rowenta Steam Station DG5030 in the photo (about $175). A steam station's high volume of, you guessed it, steam takes the creases out of shirts faster and easier than any dry iron. At less than ten minutes apiece (as little as five with experience), laundering shirts at home is far more practical than you might think. And if you are one of those fortunate men who have found a launderess to employ, s/he will do better work with the right tools.