I actually live in Sherrills Ford, and I can say its a nice place to live. Its easy to get into Charlotte and I would also say faster than people in even Mooresville/Cornielus, while they battle 77, we can take 16 in, and barely see another car. I can be to the airport in less then 30 min at 7:30am, and I can get to a Panthers game in about 5 min more. Mooresville is close, and has everything you would ever need as far as shopping, if you want a bit more, Birkdale is about 20 min, you can get to North Lake Mall, or even South Park Mall in about 35 and 45 min respectfully. In Sherrills Ford itself you have Butcher Boys, which has a great breakfast and is great for people watching (it will be scary, but trust me the breakfast buffet is worth it). You also have Liegnburgers Steak House, which is really good and always packed. The General Store is huge, if you havent been in there stop in and look around. It has a ton of character, and will have anything that you may need.
The North side, has more areas to board IMO, and you arent fighting as many people. There are great coves tucked away all over the north end, and LKN Marina has the cheapest gas on the water for those days you forget to fill up at the dock. We actually have more places to eat and hang out, The Landing, Grills, Blue Parrot, Riverside, and Queen's Landing are all right there by water, and have great atmosphere. Most of those places have live bands on the weekend, and if you dont like one band, you can walk to the next place without moving your boat to hear the other bands. The south side has places too, but more often than not I find them obnoxious, and trying too hard, where as the north side locations seem to let it flow more.
I find the water is a bit warmer in the spring and fall than the south side, and my boat's temp gauge will prove it. There are tons of great places to live on the North Side. I will say it seems a bit sparse, but it really isnt, as you have to pass everything you need on your way home everyday anyways, and you are never sitting in traffic on hwy 16. I know a lot of people think its crazy, but it is totally worth driving to work and walking to play.