LAKE EVIL,
If you are an MBA cadet, or have been, don't bother about applying. I also believe it would be a good idea to go up and have a look, provided that you have over 1000 Hrs TT with some twin time. Another thing that some guys have done in the past, is whilst in POM, they have went into CAA and done the air leg exam.
At present, GA in PNG is at rock bottom. What seems to be happening, is that all the operators are pulling out of the bush, and a lot of areas are not being serviced. This is due to the Kina, and the ever continuining problem with airstrip conditions, ie lack of maintenance. If someone started up with an Islander or a C-206, and had a reasonable amount of cash to back them up to get started, and had no huge dramas within the first 12 months of operations, they would be sitting on a gold mine. The grass roots people have the cash to travel, but most can't because they have no airservice.