I guess so on most points, but it's a bit to straight forward in my opinion. Why shouldn't a 250hr frozen ATPL be good enough to be able to fly such a million dollar aircraft, many companies have proven they can. You need to get your typerating before you start anyway and i don't think you'll get that anyway if the airline thinks your not up to it.
I agree you have to be able to sacrifice a lot, but if you can't live a somewhat decent life outside the flying i think no-one would last a lifetime career up in the skies.