Couldn't agree more bigjarv. The die is cast. Like it or not.
If I were 10 years younger I might not choose Ryanair but that's because I would have more options and more time to enter the industry in a manner that matches my morals. But right now I have to think about Ryanair on a purely personal level or I everything I have sacrificed for this new career will weigh more heavily on my mind than concerns about allegations that I have contributed to the downfall of industry-wide terms and conditions.
The reality for me is this: By Spring 2011 I will be in 'profit' notwithstanding paying for the FR Type Rating; by Jan 2002 I will unfreeze my ATPL; I could potentially be up for command in Spring 2014. All this assumes I prove to be a good commercial pilot, have the potential to sit on the lefthand side of the cockpit, and don't get booted by Ryanair or choose to move to greener pastures.
Terms and conditions are decaying in all industries. Pilots are no exception.