Re-The Next Step???
I would say that unless the FTO you are about to sign up with can guarantee you employment afterwards which is highly unlikely, you could be about to waste a lot of money.
The downturn in the industry has only just begun so when you come out of your training in say 12 months time jobs for newly trained pilots will be very scarce.
Anybody who is aiming to finish their training before 2011 are ostriches.
If this FTO are saying that this is the right time to train then they are lying.
I would say the best route is to do a slow modular route.
You could start by building up more hours then in 12 months time take the ground exams separately which will be valid until 2013. In late 2011 start the rest of your training finishing no earlier than 2012.
Whatever you do don't let anyone pressurise or panic you into parting with large sums of money.
Other people will have differing opinions, but by waiting and constantly keeping your eye on the situation you will only be gaining more experience.
You will get there in the end.
That's my two pennies.
I have got my tin hat on.