X-Border,
but don't forget that if you go for option 1, you will have to apply with the rest of the world!! You have to pass all the aptitude tests, interviews etc. It doesn't matter if you were an ex-military controller and competition is tough (only 36 studes per intake every quarter, and upto 3000 apply over the same period!)
Also, it took 12 months from my orginal application to joining the company, but most wait 6 months. You will also go on the T&D scale ex-college.
I would suggest that you aim for the APC route, start it during re-settlement and accept being poor for 3-4 months!! At least you'll be straight out on the ATCO2/3 scale as you say.
Good luck, either way!