I think i take the 10k and go to the wsop anyway. i'd play in the lower fee tourneys and the satelittes to the main event. (everyone rembers that big dumb hick who won his way in with a $225 satelitte and tried to knock off chris furgeson with k 9o. his quote was. "It's only $225")
You have to figure you'd get more out of your experance if you played in 4 events at the wsop. also your odds
of winning would be higher wouldn't you rather face 1500 or 2000 oppents twice than 5000 once? You could win your way to the main event.
On the other hand. i might just have to go for it.