52049er - I think the BA pilot contract issue relates to if BA2.com ever happened - and I don't think it will (IMHO) - is that Crews will be left with very few, if anywhere else to go and there you have it, most will gnash their teeth and have little option. But as I say, this will not happen so relax.
HZ123 - seems like you've picked up on several good points. I was discussinmg that BA Eye only last week whilst in YYZ, I heard the same rumours from a London Tourist Board official!!!