ali,
I feel you may be missing one of Gnad's valid points with regard to the Low Cost pilot. That being: after reaching their airline "dream" and flying shiny new aircraft for a period of time, the novelty sure as hell disappears very quickly when they realise that their income is not too flash at all. They then try for the well paid overseas position, but don't realise that they are making it difficult, perhaps impossible, for the overseas pilots to advance their cause in Terms and Conditions. This comes about from the overseas airline's argument "why should we give you a pay rise when we are getting pilots from countries (Oz) who have never seen money like this before and are more than satisfied with their current contract?"
The main point: Low cost pilots are not only hurting themselves by jumping over each other to get ahead, in the long run they may be hurting well established drivers overseas when they jump ship for a new airline!!