Comment veiw from grad school in UK (Score 1) 580
I took a break from working in the software industry, to join for a grad course in the UK. The reason being that you could get an MSc in an years time. But the downside is that quality of students are not apparently as good compared to good US universities.
The chances of finding funding in UK is very low. Most of the departments are on a tight budget, you would be lucky if you get a new machine. Faculty members are generally good. I have been previously in some of the top institutes in India. From my experience I think the British counter parts are more formal. The other downsides include the fact that there are no graduate courses offered, most of the courses offered are undergrad levels. Advantage of pursuing a PhD would be that you could do it 3 years time . Again there is the question of funding. I am not sure even the best institutions in the UK are comparable to the top US counterparts, in terms of facilities, faculty funding etc.