It's easy for me to say it now, while I'm just finishing off and haven't experienced years of not being able to find a suitable position, but I don't think I'll ever regret my PhD- I really have enjoyed it and have learnt so much more in addition to the academic stuff. I might live to regret saying that, but I don't think I will. Of course I'll be incredibly frustrated and hacked off if I can't find a job, but it's been such a good experience in so many ways that I'll still be glad I did it. Even when I'm working at Tesco ;) KB