I too am a student of Kendo and would recommend it only if you are serious about learning the way of the sword. The training is hard but it gives you a much more well rounded approach to dealing with sword play.
Iado can be done seperately or it can grow naturally from Kendo and it will probably teach you far more about handling a katana than Kendo. Again, if you are just a fanboy who wants to learn to wave a katana you should just avoid Iado as well.
Personally I don't see Iado or Kendo as sports as the real battle of these "martial arts" is with yourself rather than your opponent (not to get all Mr. Miyagi on you...)
Given your comments on self discipline etc. it really sounds like martial arts could benefit you.
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