I had inductions with all my babies and vaginal births and very good recoveries with no complications.
Has the OB explained to you how he/she is going to induce you? If you cervix is 'ripe' it may just be a matter of some gel to get things moving.
I have had the gel with DS1 and my water's broken with DS2 and DD and that really kicked things into action.
You could try accupuncture or reflexology? Perhaps put a post in the Professional Panel to see if they have any suggestions.
You have the added advantage of having gone into labour on your own in the past and know what is going on with your body, you will do fantastically