If this is the case. What...if any airlines would except me with passes second time round? Or will I have to go abroad and work for some island hopping airline??
I've read the above a couple of times and I'm afraid it comes across as rather arrogant. This may be more of an issue in getting a job than your exam results
"An island hopping airline" would be some peoples dream job. Short sector stuff is far far more fun/enjoyable than long sectors. You will do lots of landings and in an island environment this may well be in challenging conditions (short runways, cross winds).
For the record, I've seen/heard more and more recruiters asking about exam and flight test results both during application and in interview. Some places still don't seem to ask (including an "island hopping airline" which I do NOT work for but they aren't going to want someone who views their operation the way you do).