Private jet, the issue is one of competence versus certification; I rather have a competent uncertified pilot in the driver seat than an incompetent certified one. It you're complaining about rounding up logbook entries, you fail to see the forest for the trees. Flight time shows experience, which might breed competence... it is only during a test when one gets to demonstrate one's competence to an (hopefully honest) examiner. I think the airline practice of sim and line checks is more important for safety than the certification system.
BTW, I don't mind when onece in a while a pilot gets convicted for "logbook fraud"; aviation authorities may draw their conclusions from such a conviction too, but what conclusions are fair I would not know: scratching out thousands of proven flight hours, backed by airline files would be unfair.