I am in a similar situation. I have good research experience, good GPA, good letters, but bad GRE. I was recommended by the Clinical Ph.D coordinator to go for a masters and I am considering it because if I apply again and I don't make it in then I lose a year and have to work at my crappy job. If I finish my masters I prove that I can do graduate level work and I can also work within the field. I know that masters are cash cows and that there is not much funding but at least afterwards I would be able to work and gain experience ( at a job I like) and I figure that I can do research with the people in the masters to further prove myself. But this is just me.