Don't want to start another int vs modular argument. BUT!!
If I were reading this now and considering going to Oxford I think I would need my head examined. Everything above points to a second class product from an ailing dinosaur of an organisation which is clutching at straws to win back potential customers.
The beauty of going modular is choice. As red wings says, oxford have excellent groundschool - so go there for that. And for each stage pick whoever has the best reputation. If that happens to be Oxford then go for that, if someone else has a better name for, say the IR then go there. The pass rates red wings gives could certainly be improved upon at other places. Smaller ones who care about you.
I am biased - regular pruners know I am on the modular route. However this was after careful consideration and being almost there I can honestly say I have not one bit of regret.
SK