Downtownkid,
It's not the end of the world. Years ago maybe but there is a shortage. Also, the corporate world can be much more enjoyable than 121 if you find that the failed checkride is haunting you. There are some awesome corporate jets out there to fly and they don't just go the same route every day. You stay at great hotels and travel to many places. The salaries are very good at most of them. keep your chin up and look forward not back.