The commute from pleasanton/dublin/livermore area isn't that bad. Roughly 30-40min depending on time of day and if you have a commuter. I commute from Tracy-Milpitas everyday and takes roughly 1-1:30 hours. Been doing it for 3 years and it is a pain but the pay in the Silicon Valley and pricing in the Valley can't complain. I looked at dublin/pleasanton area but still to expensive for me. A co-worker just purchased a townhouse in dublin for ~$350k as the commute was too much for them. They use to live in tracy.
I would recommend Milpitas area as it's a housing community, but pricing may be a tad high, not as much as San Jose/Campbell/Santa Clara area though.
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