[quote=imatworkallday;649890]
Now the question: Is it worth it for me to finish my degree (late '09 early '10) /quote]
Yes.
Degree is always worthwhile. Especially if you ever plan on paying off your ATP.
There's a million topics/threads out there on value of a degree in getting hired by a major. So flying, whether mil or civilian, yeah degree helps.
I went from enlisted to officer, I know many many prior enlisted. Nothing unusual there.
Far as the active AF commission, the question you should be asking is, do you want to? Is it worth it--well if you want it, yes....if not, not so much. What do you want to do? Do you want to be a military pilot?
If you do decide to pursue a commission and are worried about bad performance reports, you can always attempt to contact your raters/supervisiors, explain your situation, and see if they'd be willing to write letters of recommendation for you now that you've straigtened out whatever problems you had.
Currently the AF has an obsession with physical fitness and weight control. Just saying