I am a low time instructor and I would be the first to admit that experience counts for a great deal. Still, a newbie instructor can only operate under the supervision of a grade 2 or higher (here in RSA anyway), who must fly a check ride with the student at least every 10 hours. The argument in favour of low time instructors is that they remember better learning to fly themselves, and tend to be more enthusiastic and thorough in their briefings (if anything we 'over-instruct' I am told). The final decision should rest with the student, I would think, and coyote makes a good point about cost. Lastly, without instructing, how do I get to be a high time pilot?