Taxistaxing sums up my situation and thoughts exactly. I'd love to have access to upwards of £90k to go integrated, but even if I did I'd only do a tagged scheme simply because it provides as much security as there is out there for employment afterwards.
Going modular enables me to fit flying in around work, keeping any eventual loan to an absolute minimum, though of course it does take longer than integrated. Might mean I end up working for Ryanair and paying for my own rating, but that could just as easily be the case if you go integrated. Horses for courses I suppose, and in an industry as volatile as aviation we could be in a completely different market in 4 years time