Yes it IS simple and effective..... because it is just a rollover. Very small changes for token pay rises.
My advice is to compare what you'd be earning under the old EBA8 to the new one. Guess what.. for 95% of pilots its LESS. The small percentage who will earn more will be A380 crews... Most of the AIPA Exec and particularly the senior A380 SO's who torpedoed the old EBA 8.
Compare a 12 year A380 SO; we will have some, and their rates compared to 12 year 767 FO's under the other system and the new rates. Very disturbing. If you want a ballpark figure, add 5% to the current 744 rates.