Just got back from the office and the latest is that cadets from late batches have been politely refused a RHS position and told to contact them end of '09 if they are still in the market.
SG will NOT guarantee you a job. This is NOT a 'sure shot' way of securing a job. You will pay about 5-6 lacs above a self sponsored trng programme under the guise of a cadet scheme and end up with what you started before the training.... nothing.