Good to hear of people getting instructing jobs. It suprised me when I heard of a friend getting one a month back.
There is a lot of truth on this thread. If you must start training now then the only sensible option is a well spaced Modular route whilst keeping your current job. Finishing off in nearly 3 years time would be a good timescale. And if things pick up then you can easily accelerate your progress to match.
I did the hard slog of building 1500 odd hours before the airlines. Looking back it was fun and I met some bloody good blokes and flew some amazing flights. Really really good flights in a Tomahawk or Warrior - memories I will have forever. At the time all I did was dream of airline flying and bitch about the measley money but thats aviation.
Things will bounce back I am sure. For those that have recently qualified then you have my heartfelt condolence. Just try to keep smiling and take solace that one day you will be ragaling your FO about how tough it was when you started out and the kids today don't know they're born etc. etc.
Cheers
WWW