Send Clowns,
There has to be more to it than that - someone (usually not a pilot) has to have a reason to get past your CV or application to consider you worthy of putting through interview?
I've been through two airline interviews/sim checks as a low-houred pilot. I felt at interview it was more important that they liked you as a person, and felt that you would fit into their organisation. I definitely got the impression that this was more important for low-houred guys, as their flying skills weren't expected to be much more than basic.
Having said that, I think in the current climate, I must agree that who you know is quite important to getting to that interview in the first place......