Cumbrianboy - Happy 2012 to you.
This subject has been flogged to death on this forum so please can you search the forums.
That said you must do what is right for YOU. Pay particular attention to YOUR finanical situation, time YOU want to achieve, YOUR ability & motivation.
Do not believe ANYBODY who guarantees a job at the end. That depends on supply & demand. It is true to a degree that some major flag carriers prefer Integrated but I certainly know GOOD modular students who have also got in such airlines with low hours.
It is vital that you visit IN PERSON any potential FTO and dig deeper than the glossy sales brochure.