Let us be absolutely blunt here.
If I am giving a sim assessment to a 10,000 hour professional who wants to join my company and he gives a pretty average performance then I would not be very impressed. I would have imagined that he would have been able to do much better with his experience.
On the other hand, if I have a young chap with about 1,500 hours who does a pretty good job despite a few mistakes and who has good CRM skills etc and shows promise, then I know who I am going to recommend.
It is the so-called experienced guys who really have to shine nowadays.
As one of my old bosses kept telling me "there is no such thing as a free lunch". You simply cannot dine-out on the contents of your logbook anymore.