I just found a nice "banking vs consulting" resource that I wanted to share: Angel Angie is an LBS MBA student who switched from consulting to Sales & Trading. She posted a consulting week-in-the-life (one that is actually insightful for a change), and two posts (here and here) on her new S&T life, which she seems pretty happy about.
S&T surely has its appeal. Work far less hours, for essentially the same pay as i-bankers in corporate finance. Downside is that, compared to corp fin i-banking, S&T gives less mobility if you want to break out of finance again one day (so I've been told), and, from a personal perspective, Kellogg is hardly a feeder school for S&T jobs.
Today I've registered for Finance as a core course for my first semester. That will help for i-banking interviews. If I decide to do them, of course.