I feel sorry for the ad-initio student being talked into signing up for this by a smooth sounding sales person.
The acidic test is simply how many airlines will be prepared to fund these courses. An expensive experiment in proving a concept, as yet untested.
Think of it like a new drug [not the life or death type] without the clinical trials to prove it will work.
Do you want to be part of an experiment, when there are prefectly sound options already available. I think not.