About the MPL
I am a MPL cadet from Alpha, I guess my feedback in the thread you (stikku) mentioned would really help...anyways, just to tell you what you are paying for:
1. MPL License = [CPL/IR + ATPL Ground School + MCC in FNPT II Jet (60hrs) + Type Rating (110 hrs on level D A320 Sim) + 70hrs SE + 120hrs A320]
2. As a part of your licensing, you will have to make 12 TOs & LDGs (A320 time)
3. As part of your Licensing too, you will have to do 40 Sectors with the Partner Airline (not sponsor), where you will get roughly 100 to 120 hours of flight time on A320 with Air Arabia, this is where they'll welcome you or otherwise, but trust me, if you made it that far...you're OK
4. Converting to CPL/IR is easy after this stage (40 Sects) as you will only need to fly 10 to 20 more Hours on a ME airplane (still not confirmed if you can convert w/o these hours, as you already have proved your ability to operate on Commercial Flights)
Best of luck choosing, I had the same confusion...