If this were to happen, it would be a HUGE difference. Replacing 14 exams and all the fees etc. with one air law exam in 2008 would be huge. At the moment, the only way you can get by without the 14 exams is to have 1500 Hours PIC on big stuff. It would have an effect on the conversion schools too. Why would someone spend all the time and money to get what would be much easier next year? I don't think it's going to happen.