AJ - I didn't say it was necessarily a bad thing!
Personally I would welcome the return of the enthusiastic, experienced PPL/FI - and airlines having to select and pay for their own pilot trainees. If that meant the end of lo-cos ferrying drunken hen parties about, then so much the better!
There are a lot of 'fATPL' holders out there who are simply unemployable due to personal qualities and/or CRM. So they sit grumbling at flying schools whingeing about pay rates whilst delivering pretty indifferent flight instruction.
Does any other industry allow its most inexperienced people to instruct newcomers to that industry? Frankly, I find it utterly bizarre.