I'm still debating the PT/FT decision. My current job has started to improve somewhat (I hated it during the fall when I was filling out apps, and I was planning to quit to go to school FT), and I got a decent raise last week. My salary and benefits are very good, much better than my husband's, and my boss is pretty flexible with my hours. The more I think about it, the less I want to live without my income, and I start worrying about how much debt I would accrue by going FT (definitely > $100K).
If I do PT, it will be at a tier 2 school. A close relative of mine who is a former partner at a BIGLAW firm (is currently of-counsel), has always encouraged me to do PT school, specifically the school that I will probably attend. Apparently most employers do not "look down" on part timers, assuming that they get good grades and interview well.
I am a little worried about getting top grades in a PT program, but I managed to get an MBA at a tough school while working, so I'm sure that I will find a way to work things out.