You guys are spot on!
The alternative would have been much better. Let J* get the contract, then either go on the dole (wife & kids in school very impressed), or possibly get a start with J* (if you get through all the hoops) pay for the rating, and start at the bottom of the list again, on much less money. Most of the older pilot's would give it away before going down this road.
Now I dont work for either company, but I can imagine the position the pilots (probably not only the pilots) have been placed in by THE COMPANY and QANTAS. Definately a big gun against their heads.
It's very easy to look down at a group already on a less attractive conditions than you are, and say "Tossers" etc etc,
but to be put in the same position would be distressing, and you would most likely do exactly as the NJS guys/girls have done. (if your honest enough with yourself)
I know what sort of response this opinion will bring, it's the nature of this Forum - and a handfull of regulars.
My two bobs worth.