Don't necessarily agree with the above, the true heyday of consulting is over, salaries don't fly as high and day rates are driven down constantly. In part because you'll find now a lot of the clients buying consulting services (almost all of my clients for the past 3 years!) come from a consulting background prior to moving to industry. This means they know the ins and outs of consulting, they know how to drive us down on price for delivery, and know they can push us further for results than their own staff, i.e. expecting consultants to work longer hours to deliver sooner.
MBB will always have that brand power over big4 (however don't really expect anyone on the street to have heard of MBB at all, and if you work at big4 expect everyone to assume you are an accountant) a career there can definitely propel you further (can, not will), but I think over the next 5-10-15 years the service offering will change.
Consulting delivery in the big4 is being undercut by Caps/CSC/North Highland/etc/etc/etc/the list is long, and MBB will begin to be undercut by the big4 (if not already, strategy isn't my thing, I find it boring frankly). The fact that all the big4 are buying out strategy consultancy practices indicates this, clients want strategy through execution and sustainment because that way your delivery team has more skin in the game; if the strategy you've delivered is poor then you have to fix it, not really an issue if you've delivered the strategy and then buggered off, big4 and others can provide that, MBB historically have not, but are certainly moving into that space with their look into technical delivery. I'm not sure how successful they will be in that space however.
All in all that sounds like a bad picture for MBB, it isn't really, they will still be a significant cut above the big4, it's just not perhaps as rosy for anyone in the industry as it was ten years ago