Oh my - I can relate to your concerns. I think that you should be just fine! Talk to your MD and you 2 can formulate a plan you both feel comfortable with.
I had a difficult delivery w/child #1 so they were watching me closely w/child #2. They induced me a few days before due date because they didn't want me to have such a rough time again.
In retrospect, I don't think the induction was necessary. Child #2 was very easy to deliver - only a few ounces smaller than child #1. I had epidurals with both - but #2 was so EASY to push out. I remember I kept saying "Wow - that was so much easier this time!" after child #2 was delivered - only took a few pushes.
With child #1 everything felt "stiff" and "stuck" - that's the only words I can use to describe what I was feeling.
With child #2 I could feel my pushing making the baby come out and they just kind of "popped" out. I felt more "loose" and I felt like my pelvis was "giving" more.
In light of how I felt, I would not be induced again. My labor was longer and more unpleasant. I sat awake all night while the meds "worked" and I was very uncomfortable. Then they came in and broke my bag of waters and that hurt like H*LL. They wouldn't let me get my epidural for a while and I was mad!
Artificial labor is harder - I don't think I'd do it again.