I can't see myself taking paid employment on foreign-registered aircraft so I'm sticking with the UK licence.
Well, ditto, but my UK licence in this case is a BCPL, issued by passing the CPL exams and a CPL flight test (not a grandfather right job). I'm quite content with it at the moment but thinking ahead I might want to position myself a little better for any changeover to an EASA CPL or equivalent by migrating to a UK or JAR CPL.
Of course, it's all speculation at the moment but then this is a rumour site, after all!!
TheOddOne