Splat,
I still don't fully understand your point. The EZ/JMC scheme gives much more than a 'sniff' of a job at the end of it. No employer will guarantee a job until you have successfully completed all their training and, even then, outside factors can and do screw it up occasionally.
For those with middling hours (500-1500) and no type rating, the EZ type-rating scheme offers an excellent answer. Yes, you pay for the rating (after a fashion) - but only after you've got the job. Remember, the rating you're getting is easyJet's own type and line training package. Notwithstanding their preference for type-rated direct entrants, they won't give credit for your externally-acquired rating unless it's accompanied by reasonable hours on type. In other words, you must have completed training to line release with a reputable operator. That costs serious money.
For others concerned about the age limits with regard to the ab-initio training scheme, please see the edit to my long post above.