Don,
I do actually agree with, but I don't make the rules.....
To answer your questions, yes I had a CPL, yes I was qualified to fly that particular aircraft. As to how the passengers would feel about it...........well that's another story and not for me to comment on.
My personal view is that ALL public transport flying should be multi crew (OMG, all the single pilot guys will hunt me down now!). I have hundreds of hours flying single pilot ops and I will never do it again (don't get me started!)
All the above opinions are my own, I am not an authority on the subject.
Cheers
UTF