Based on what I saw on this web page:
Pilot Provisioning and MPL, the proposed syllabus looks interesting.
My question would be how much cheaper would this training be? These sims don't look cheap, and you would still need an instructor/operator. All schools always give you overly optimistic estimates on time and cost. They are probably doing the same here.
You would have CRM stuff down a lot better and would be flying a "jet" in the ATC system, but you would lose a whole bunch of other stuff.
What kind of flying is done in the 60-70 hrs in an actual plane? How many are solo? Who would hire you if you don't have the chance to start as an FO or SO in a high tech jet supervised by more senior pilots? Would you basically require a glass cockpit and autopilot to be able to fly? Can't remember more challenging flying than simulated single engine, single pilot, under the hood, manually flown approaches chasing crappy needles using an old fashioned OBS.
With the steady supply of ordinarily trained pilots and constant bankruptcies and furloughs, why would you need this? It sounds like a good complement of regular training, but for the students who go this route it seems like job prospects would be reduced. Doesn't sound like they could even fly a C-172 doing traffic watch in a metropolitan area if they couldn't get the shinny jet job right away, much less do flight instruction.
rcl