I'm fairly certain this topic has reared up a few times but I'll throw my hat in on this one.
The military attitude that Gordy mentions is a very individual thing and some people 'suffer'' from this more than others.
I agree with the hours though. A lot of military pilots do not leave with as many hours as you would think. We have several ex Short Service guys where I work with 800 hours Blackhawk / Tiger but to be a touring line pilot here the minimum set from the clients is about 2000 hours.
You get to play with awesome toys in the forces and maybe even blow stuff up, but it's not the holy grail some think it is for a future flying in the civvy world.
Cheers, Frying Pan.