Perhaps one other thing to bear in mind with Ryanair (or any other airline for that matter), is how the remainder of the industry views it's pilots, or more correctly, how they will be viewed in coming years.
Yes, it is all relevant experience in the logbook, but if recruiters view Ryanair and it's pilots in a negative way, that experience may not prove to be as valuable as many wannabees are assuming it will be.
For example, if a chief pilot holds the opinion that O'Leary is a cowboy, running an operation that he believes is unsafe, and it's pilots regularly disregard various regulations, then whether or not any of that is actually true, or applies to you personally is irrelevant. That chief pilot will apply his own prejudices to all pilots within that company, and any negative experience which reinforces that opinion will far outweigh any positive experience. In short, pilots will be recruited from elsewhere, even if it means taking someone less than ideal for the position.
Now, I'm not suggesting that Ryanair is some kind of dodgy airline, just something to bear in mind for those who intend to use it purely for hour building, rather than because they genuinely want to work there. Be careful what you wish for.
