FANS: I don't disagree with that. I suspect it depends on how much you actually like flying. But there are many opportunities within BA away from flying that lots of pilots do as well as (or instead of) flying after some time in the company.
Ispahan: Further to what EZY said too, as the programme is now on it's third cycle the top guys (i.e. those selected) from the previous two cycles are no longer in contention. Although there will be lots of brand new applicants who are top notch, it's still a possibility that the competition is slightly weaker within the top n% of the candidates than in previous years. So maybe the odds have never been better?