Just quickly:
Jacko - FE@R is the old AE (in broad terms) - so, you did get my point - with less than 100 FJ FE@R (I'm not going to go into defence planning assumptions on unclas means), and this small number INCLUDING JSF, the impact of tying jets to ships is enormous.
MM (and others) - actually I don't buy the argument about nukes and UNSC. Somehow I feel it will be difficult for the UN to word their press release: "The UK was today thrown off the Security Council for COMPLYING WITH our own non-proliferation treaty. It is replaced by North Korea, who now have their own nuclear weapons. France, who has broken the treaty by replacing their strategic deterrent, will, of course remain a member of the permanent 5......."
Thoughts?