Kingofkabul,
Firstly, how can you have zero posts?
On the MPL, there are many threads and posts on the subject. Use the search function. The bottom line is tread carefully, you will be a ginnea pig for the FTOs and airlines to experiment with.
It may work out if the industry picks up and you get 1500 hours. You can then convert it to an ATPL. This is in an ideal world.
If you get made redundant before then, you are screwed. You can't fly for another airline or on your own. This has happened already in europe.
You are taking a risk, maybe more than going down the tradidtional route but that's open to debate. One thing is for certain though - it is NOT a sponsorship. You pay for it yourself.
Get searching.
EK