Most of that is still relevant. A few points that may be relevant:
Train where you want to work. Entry level jobs are probably more common in the USA, but it's tough everywhere right now. That said, it'll take you a while to get fully trained up, so things might be picking up a bit by the time you're qualified. Crystal ball time.
If where you ultimately want to end up requires you to do a JAA IR, there's not a lot of point doing an IR in the USA, unless you need that too. Pretty much everyone I've ever spoken to about this says that the FAA IR is so different from the JAA IR that you might as well just do the full JAA IR instead of trying to convert it.
If you can afford the all-in-one-hit, integrated course, that's probably the better route, as it'll mean less training time overall. Current estimates for zero to CPL+IR in the UK are around £80k (you can reduce that a bit by careful shopping around). Bear in mind that if you do an ICAO CPL that you later want to convert to a JAA CPL (required to work anywhere in JAA-land), you will need to do the complete set of ground exams - this is 9 or 14 papers, which require an amount of work. Quickest I've ever heard of for someone blasting through those is 6 months, but most people take a bit longer. You can do the flight training in a month, if you have a decent school and can get the CAA to produce an examiner.
I'm assuming you have residence (or at least a work permit) for wherever you want to work?