If you have decided you are going to pay for LT, absolutely do not pay for anything that doesn't guarantee you a minimum of 500hrs. 200hrs on type is as useless as 1, no airline will be interested and you'll just be left with a big hole in your bank account. You're better off paying 30k at ryanair and redoing the rating than that.
Are you in the EU? Have you considered other jobs on different types? What happened to the airline associated with the MPL?