I'd say that there is a glut of wanna-be *everythings*. I was lucky to meet and work with an independent (PhD) systems consultant (from New Jersey) on my last project who is perhaps the most accomplished guy I've ever met in that line of work -- amazing resume and great industry connections. He is scrambling right now, taking whatever crumbs he can turn up. He'll do fine, I think, especially as he's very pragmatic about those "crumbs".
Hmm. Another interesting perspective. The independent route seemed really smart 5 years ago. These days it seems a lot harder to sustain.
We had a few guys go back to school last year. All I could say was "great idea". I think it is stil a great time to duck out of the job market if you can find a funded way to go to school for a year or two.
Yeah, getting my masters was an easy decision becuase I did it at night, and my company paid for it. The next step would be a much larger one that would require me to quit work and do it full time. It's certainly something I'm considering, but I'm a little scared to make any moves at this particular moment in time.