Your odds of success are probably pretty high, with either adjuvant or salvage, in my non-professional guesstimate.
The probabilities of success of adjuvant vs. salvage are a little higher, I think, with adjuvant, but if you start salvage very early (before PSA hits 0.5), I think the stats are about
equal.
Just because you have a positive margin doesn't mean you will have a recurrence. Walsh talks about
this phenomenon in his book. So you might want to just keep a close eye on your PSA and go for radiation if you get a confirmed upward trend--but with no further delay at that point. Although most
I don't know how the possible bladder neck involvement affects the outlook.
As you surmise, the positive margin would be in your favor should you have a rising PSA, because it would provide a local explanation--and local means still treatable.
You can do some estimating and forecasting using the Stephenson (salvage radiation) nomogram on the MSK website:
nomograms.mskcc.org/