Hiya!
No experience of induction but had an epidural. I'm one of the horror stories I'm afraid. I was seriously injured by forceps.
It's difficult for me to recommend an epidural because I got injured in the end. I know there's a school of thought that says that if you're in that much pain, something's not right to begin with and that instruments or c-section are likely anyway. But there's evidence that epidurals prolong labour. Difficult.
I had zero sensation from the waist down. My left leg was so sleepy that I had a midwife dedicated to it making sure it staid in stirrups.
So brilliant for pain relief, not so much for mobility. Unless you get a mobile epidural, you'll most probably be stuck on your back with feet in stirrups. The main problem with this is that being on your back closes the pelvis outlet leaving less space for baby to come through.
Friends who were induced had varied experiences. Some lasted 30 min after drip was put on then got an epidural as was unbearable. Others managed on g&a. Of course I don't know enough about their labours (baby size or position for example) to draw conclusions. Just that some needed an epidural whilst others could use g&a.
A few stats on inductions - from NHS Choices
"One in every five births in the UK in 2004-05 were induced, according to NICE. Among these induced births, when labour was started using drugs:
less than two-thirds of these women gave birth without further intervention
about 15% had instrumental (assisted) births (such as forceps or ventouse)
22% had emergency caesarean sections"
You can't know what's going to happen but like another poster said, chances of hypnobirthing and calm water birth are probably vastly decreased if you're induced.
All the best.