Hi rustle,
I remember you and the thread. You're the guy who pointed in the direction of PPRuNe from the Flyer Forum!!
After a fair bit of soul searching, I decided that I could never justify and maintain an IR just for the occasional jaunt to the Med. Planning in a few extra days holiday to cover for weather, and flying VFR makes more sense.
However I, as well as most of us I reckon, have been in a few uncomfortable situations with marginal weather. So the IMC is primarily an insurance policy, as well as an opportunity to improve my flying skills.
I haven't spoken to my instructor about the detail of the course (I'm in the States at the mo), but looking at the CAA website:
http://www.caa.co.uk/docs/175/Lasors_Section_E.pdf
Section 2.3 strongly implies there is training involved for static pressure loss.
3 Greens
as you can see Partial Panel is Static loss, and Limited Panel is gyroscopic loss - you learn something every day eh