Something no one has mentioned is the psychological cost of induction versus section. I think this is a personal, and subjective issue, but is vitally important for each woman to address beforehand. If you have what people consider a "physically successful birth", but you end up so traumatised by the experience that you can not function for days, weeks or months, then how successful was the birth?
Being emotionally able to care for your new babe afterwards is extremely important. Come November, if I have a repeat of the hopelessly long, painful labor, negligent and distant medical staff, AROM, epi, pit, cesarean.... then I will not want to live. PTSD, been there, done that. Yes, I have to consider the physical. But I must consider the emotional as well. For me that means hb, with absolutely no intervention. But if I get into trouble again, instead of going the same route as last time, take me in, cut me open immediately, and give me my child. Maybe this time I will able to LOVE my child afterwards. Or even like, or want her. Wow, wouldn't that be something? This is important for me.
Each woman has to look at her own situation, know her limits, and make the best, most well-rounded choice for herself. It isn't just what happens between the navel and thighs that matters, but also what is above your neck, and what is in your heart.