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5y
I think I'm going to wait until launch to pick one up but I say that because I'm holding plenty of SPS.
The math just makes a lot more sense to me since I expect both sps and vouchers to go up in value if the validators are successful. Of course that only works if you already have the needed SPS and vouchers. I'm fortunate enough to have both right now.
As far as land goes it remains to be seen how scarce it is. Right now a lot of those plots are tied up inside larger units. Once those have the ability to start breaking up into single plots, land could flood the market. We'll see.
RE: Thoughts on SPS Validator nodes and License Presale