Have to go with quality of life...if the option is available that is.
I've commuted for 1.30 for the past 3 years and around the M25 in Essex which is particulary bad!!
Ok, so it was my choice because I liked where I live but I sure ain't gonna do it again...and having seen what low cost operators are offering as flight crew rosters (albeit good pay!) you can keep it....
There is more to life than money....
The problem is, can we afford to be that choosy in uncertain times...mortgages still have to be paid etc etc...and of course it depends on how career orientated you are as a person.