Agaricus bisporus,
Agreed that by your watch it aint but by the UK CAAs it is...
Thats the way they issue un-frozen ATPLs to cadets or ab-initio pilots who have operated commercial airliners since release from flightschool once they have the minimum requirements.
How else would you get a minimum of 500hrs PIC to qualify?
Hence the P1 U/S or PICUS route/rule...
Hope this clarifies.
By the way, am not from the CAA nor did I say that I agreed with the system.