Mate, my contact lense prescription is worse than your glasses one and that hasn't stopped me from holding a Class 1 medical. I also ditched the glasses in favour of disposable contact lenses and I think it is well worth it. You can wear decent sunnies and you get your all important peripheal (spelling?) vision back. You use that vision a lot subconsciously - especially when landing. I am required to carry back-up glasses when I fly but that is no trouble - drop them in your headset bag.
I have considered laser but am not yet willing to risk my career for it although I know of some pilots who are happy with it. Some 'halo' effects have been reported though which can show up with night flying.
One other thing - find out if you have an astigmatism or not - they can fix that when they give you a pair of glasses but I don't think anything can be done for it with contacts (which means you might have to stick with glasses).
Good luck!
