You shouldn't really ask how does it compare now, but rather how will it compare in five or ten years time.
Average salaries and conditions, with a very few exceptions, are lower now than they were ten years ago in real terms, and I can't see any great improvement on the horizon with more and more LCC's desperate to undercut each other at their employees expense. It will probably take ten years to get back to the sort of money you are getting now.
It is also worth remembering that the days of generous pensions are over. Fly for twenty years now, starting on a co-pilots salary and ask yourself what sort or retirement you will be able to afford. If your heart really is set on it then go for it, but do it with eyes fully open and without the rose tinted glasses.