I'm not a piercer but was thinking about becoming one. Fakir Musafar is respected but you could probably find an apprenticeship with a respected piercer for cheaper. You also normally apprentice for a couple years so a class probably wouldn't be enough to land you a job. There is TONS to learn so you could always do that program in addition to an apprenticeship. If there is a local well respected piercer you could talk to him or her about apprenticing. This site would be a good one to help you find an apprenticeship: safepiercing.org. The APP also does a convention every year in Vegas where they have lots of classes and you can network with other industry professionals. You can also check out bme.com and can find lots of people to talk to and seek advice from there. As for how the pay works to the best of my understanding it varies from shop to shop.
Also if you're interested in learning branding and scarification make sure you are learning from someone who knows what they're doing and is not just a hack. There are some GREAT people out there and some real dirt bags.
Hope that helps. Good luck.
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