It does not, that is just your perception gleaned no doubt from the usual rumour and misrepresentation that fill these boards on the FAA v JAA debate.
Ok then, of the 20 or so flyer starters, it took 6 months for 8 of them to get the exams. Some still haven't got them all or even started flying training. Costs £700+£300 if you were having printed material - I reckon what I stated was reasonably accurate, unless you are a sky god of course.
FNPTII's - £200 per hour or so dual? I wish I owned one! The exact same sim, same software, same everything, other than the CAA approval will cost $95 per hour (dual) in the USA.