I largely agree with you. Unfortunately, the OP is committed to the MPL, unless he/she wants to jump in with a lot more speculative investment, which I would find i hard to recommend in present circumstances, especially as he is self funding and gives the impression of not being minted. With so many unknown unknowns kicking the can down the road a bit, with minimum outlay would seem a suitably conservative move. I'm on several private forums where folk who were let go nearly a year ago and have not flown since, are coming up against the lack of recency issue already. Its only going to get worse for these people as they are skint. So, knowing how airline management usually go down the least expensive route I reason that a well timed fresh MPL might just be lucky. Unfortunately, my crystal ball falls off its gimbals after that. ;-)