I have planned to start my training around april/march time this year. I'm going to do my ppl and hours build in the summer, ATPL's in the winter and then (depending on my funding situation) CPL/IR/MCC spring summer 2010.
imo it's a great time to start because their are currently not allot of people training (certainly at my FTO the numbers have dropped) and thus you can negotiate a huge discount - (i got 2k off my ppl course) and the fuel price is at a all time low. I will be doing this whilst continuing to work for Virgin Atlantic (lets hope i'm not one of those 600 people losing my job).
Anyhow i'm an optimist and have been through one recession before and it eventually will get better - chin up