Data* from this last match show that 50% more Psy.D. candidates did not match as compared to Ph.D. candidates (14% of Ph.D. candidates did not match and 22% of Psy.D. candidates did not match). More importantly though is the number of Ph.D.'s that occupied APA/CPA accredited internship sites was 94% where as Psy.D. graduates were 64% when they did match. That is a huge disparity and something that needs to be addressed by those programs generating graduates that are not being placed in accredited internships.
All in all, this shows that the Psy.D. is a relatively rough road to travel when you take into account all the other factors (like financial costs). While I agree that once practicing the degree matters less, I believe is wrong to assert that the degree doesn't matter. It clearly does matter to the person pursuing it. A Psy.D. statistically makes things more difficult as seen by the following statistics.
* - http://www.appic.org/Match/MatchStat...2011Part3.aspx
I also found these statistics interesting, as they highlight the lack of diversity in the psychological community:
Female Ph.D. = 79% Psy.D. = 79%
Male Ph.D. = 21% Psy.D. = 20%
Racial / Ethnic identification
African-American/Black Ph.D. = 7% Psy.D. = 6%
American Indian/Alaskan Ph.D. = 1% Psy.D. = 1%
Asian/Pacific Islander Ph.D. = 8% Psy.D. = 6%
Hispanic/Latino Ph.D. = 6% Psy.D. = 10%
White (non-hispanic) Ph.D. = 75% Psy.D. = 75%
Bi-racial/Multi-racial Ph.D. = 5% Psy.D. = 3%
Other Ph.D. = 3% Psy.D. = 4%