"Some places might ask for grad school grades - Google, I'm guessing, they're strange about that sort of thing - but in my experience this is pretty damn rare, especially when the grades are of questionable relevancy. "
It's not so much the possibility of getting low grades that troubles me as the fact that my grades may be EXTREMELY bad (ie, FAILing)
So you think getting an MA as opposed to just dropping out now is very valuable?