Need help from seniors ontario pnp

[ALM123]

I am doing my Masters from U of T right now. But I will be done with my required amount of courses to graduate in Dec 2011 by which the length of my program will be 1year and 4 months for the fall term. So in total it is 16 months. Would I be eligible to apply under CEC with a 1.5 year Masters Program? I see in their website they say something that you must have studied 2 years of post secondary education from a Canadian educational institution.

Should I take 1 extra semester(take 2 more courses and enroll full time and do 12 courses instead of 10 required) and then apply for the PGWP and finish a 2 year program? so that I get a 3 year work permit which will make it easier for me to get my one year work experience and then apply under CEC.

Do you know if it is easy to get PR through PNP ?? or should I not only rely on PNP Ontario and do a 2 year program to ensure my future stays here ??