Loop hole or no loop hole, ultimately if you get yourself a check ride claiming to have 3000 hrs when in fact/reality you've only got 300 any prospective examiner/employer is going to smell a rat and either cotton on to your dodgy log book or think 'wow, this guys got 3000 hrs and flies like a plonker'.
So the above example is a bit 'in extremis' but its just not worth cheating especially when in years to come you might have a couple of hundred people sitting behind you whilst all hell is breaking loose relying on your invaluable experience and expertise to save their lives and knowing that all will be OK 'cos your log book says so.....