I used the said approach for my R&S. Had a large wad of cash, moved overseas and treated study as a daytime job.
I had CCNP and CCIP with a great deal of experience in an ISP. Bashed it out in two and half months. I also did a 2 week bootcamp during this period. I would much rather take this approach than deal with girlfriend, friend, and job commitments. But it all comes down to money. I was absolutely broke at the end, and my dad had to pay for my exam. Passed on the first run though.
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