The reason I do not seeing it working is budgetary,the Army as is the Navy are oriented to their specialist skills and budgets for those.
In these days of tightening budgets and future projects being slashed, to pass over the RAF budget and their planned aquisitions will see a reduction in the planned developments as funds are redirected by the Army or Navy to bolster their threatened future developments and they will argue down the need for the planned Air power developments as no longer needed, to the detriment of this countries Airpower..
On a Side note, IF 2 are indeed better than 3 as it cuts down on both costs, bureaucracy and duplication of facilities etc
Pray tell me why we have a Parliament, The Welsh Assembly. the Irish Assembly and the Scottish Assembly all Spending Billions on doing what was previously done by one Parliament with 4 times the Bureaucratic pen pushers, especially as the EU now dictates our destiny...
Just a thought, recentralise that!!!!!!!!!