If any existing 'V' crew member even considers this ridiculous 'offer' then they really are as silly as management hopes.
Sit down and do some simple sums based on something like 2 years as a cruiser then another 5 years to a command, you will see based on going back to level 1 with each 'promotion' it will take many many years to re-coup your losses based even on todays miserable package.
The only person that MAY benefit slightly is an existing cruiser who hopes to 'move' to
VB in a year or so and if thats the case ask the poor existing cruisers who have been well and truly screwed by the existing system and have been considered 'not worthy' of an f/o slot in
VB despite having 1000's of hours,but hey go back to 'V' because you are good enough for that job.
The offer is CRAP and should be treated as such.