I Passed CFA Level I

I passed the CFA Level I exam. Everybody is asking me whether I will take Level II next year. I'd rather wait (if I decide to take it at all) until 2005 when the format change occurs and 100% of the exam will be "item set" (multiple choice). Currently, only 50% is multiple choice, and the other 50% is essay/problem format. Ugh.

Now that I've passed, my company will reimburse me for the money I spent OUT OF MY OWN POCKET (what was I thinking?) in CFA registration fees, enrollment fees and study materials. The downside to passing is that I now have an illogical urge to register for Level II. Must... resist....