How long will this pilot surplus last for though ? It seemed to me that the pilot shortage didn't last that long and before then there was a similar surplus. I recall in the news experts are saying we are probably half way through the economic down turn (anyone know exactly when it was supposed to have started?) with worse times to come, now
could be the time to start making plans to start trainning in preperation for when things pick up (get hold of ground school material and get to grips with it). It's all a big gamble though.
On the other hand PAT are fully booked for the forseeable future, my guess a lot of them are people who are planning ahead for more lucrative times (either that or they just haven't thought things through

).