Timzsta, I do not completely agree...
First, do not assume that it will not advertised elsewhere. Just because you have not seen it anywhere yet does not mean that it wont be advertised. Get ready!
Second, they would not be the first airline to hire people with little or no experience....many airlines (including BA) have done it in the past. Rigorous selection procedures including aptitude tests ensure that candidates have the right attributes to train as pilots. If you have the the basic aptitude you do not need to be a magician/Luke Skywalker to fly a modern airliner. Remember that the RAF still accepts pilot candidates at 18 years of age with A levels. I know PPL's who can hardly add up.
Look guys if it's genuine (and it looks like it is) and the entrance requirements are as stated.....then tough, that's the way it is. It disqualifies me as well. I'm sure they have their reasons for doing it. Don't let people like 'The Diggler' wind you up!!!
And the most annoying thing about all of this....
I bet you some little smart arse just like our Mr. Diggler will get the cadetship!! Shame.. he should stick to earning his 'gold stars' at McDonalds.