My take on it guys (and it's what I did, as well), was count ALL of your UPT time as STUDENT/DUAL RECEIVED or SOLO time. They'll NEVER be able to question those.
Besides...even if you went to Euro-NATO with more flying hours (Air Force guys), how much solo time did you actually get? Maybe 50 hours? Will 50 hours of questionable PIC matter that much in the big picture for getting hired or not?
I think you could convincingly argue both sides of the coin...but why risk it, when there is even the slightest chance of interviewers questioning it?
JMHO...Good Luck all!
Edit: I do agree with RedeyeAV8r...if you do plan on counting those hours as PIC, definitely be completely up front...when they are reviewing your records, tell them that you counted your SOLO time as PIC. Good Luck!