Stormy, very eloquently put.
The issue I have is that hardly any of OAA's integrated graduates are being taken on by legacy carriers these days as the legacy's are more interested in poaching from the loco's and the charters via DEP. If you look at where the majority of OAA intergrated grads have ended up in the last couple of years then it's a one word answer "Ryanair". My point is Ryanair do not give a rats if you are OAA integrated or Florida modular. If you pass interview, sim check blah blah blah and you can pay for your 737NG type rating then you're in.
Going somewhere which is very expensive on an integrated course gets you absolutely no further than a cheap modular. On the other hand you could be the lucky one out of a course of 25 who gets taken on by BA. Those odds don't look so good to me though.