Cub,
Thanks for the response. A lot of good info in there I hadn't thought about. Like I said the primary reason I might look into something like that would be ability to be home more often for a family (still single and kicking!). A lot of instructors I've had at FSI/CAE have been like you said loss of medical or part-time with contract flying work (usually non-instruction) on the side. There are also quite a few that are just weathering out the boss selling the plane, furlough, etc.
Anyways since this thread was open I figured I'd ask for other opinions.