In Oct 2016, I will also complete by 10 years in UK BUT I am planning to apply on the basis of my 5 years of Tier 2 Visa (Oct 2011 - Nov 2016) instead of my 10 years stay (Oct 2006 - Oct 2016) --> This is because I have heard that Tier 2 to ILR is less painful and quicker (process) then ILR on the basis of my 10 Years continuous residence. Is that correct or just a myth?

Questions:
- My wife got her Tier 2 Dependent visa in May 2014 and she travelled to UK in Aug 2014.
- As she will be in UK for less that 5 years (obviously) by the time I will apply for my ILR (in Nov 2016), do I need to apply for her ILR Dependent visa (and which visa would that be) along with my ILR application?
- I am assuming as she will be moved from Tier 2 General Dependent to ILR dependent, so her 5 years clock will be reset and she can apply for her ILR by Nov 2021? Is that correct?
- Can we both send our applications at the same time (mine for ILR and her for ILR Dependent?
Please advise.
Thanks in advance!