I will definitely go for Level 2 in 2014, assuming I pass in level 1. What’s the worst case scenario? fail the exam? I could live with that.
Imo, It becomes a gamble if you start when the results are out. You will have approximately 4 months and 1 week to study. Plus there are always unexpected things that pop up, which takes away your time, just when you need time the most.
It will be better if you start now. You will get a head start of at least 1 month + 1 week. That will leave you in a much better position come May and you will have a very decent shot at passing the exam. Just my 2 cents.