It's not depending on your personal perspective. If you think the market bubble and environment will be better than the last couple of years then maybe the extra % of PS in C2012 will be better. If you take a defensive approach, the confirmed pay would be better with the TA.

What is the biggest concession to you? I'm not of a fan of the TA's proposed solution to sick leave, but the company isn't going to agree to anything that doesn't address it in some fashion. I'm open to alternatives.