Another morale kick in slats! I think how it will manifest itself depends on which branch you are and where you currently sit in the scale of things. There will always be some pull through, dead mans shoes is a traditional route for RN promotion (bloody war and sickly season etc!)
Hopefully Lt Cdrs at IPP will leave in droves leaving lots of jobs for Lts
It's not looking good if you're a fishhead though, no ships to drive, and IMHO this is indeed a crafty way to cut staff numbers without throwing your money away asa generous redundancy packages.
For the youngsters who were not looking at promotion til 2010 at the earliest anyway I can't see it being an issue, certain branches still have black holes from the previously mentioned recruitment freeze anyway.
Lots more bitter and twisted RN officers forecast for 07/08
