If you fly with an FAA IR in a derogation country you have until 2014 to get an EASA IR by whichever means are available.
The flip side of that is that if you fly with an FAA IR in a country which for reasons unknown has not bothered to apply to EASA for the last-minute derogation option (which appears to be nearly all of the EU countries, most likely because they did not want to waste their lives reading the thousands of pages of EASA diatribe) you are on the face of it grounded right now, which is a situation which most find hard to accept, because (as I wrote before) it is something straight out of
Kafka (one of my countrymen, I believe
).
The proof of the pudding will be in the eating, as they say. So let's see how many EU based FAA IR holders pile into the (relatively few) FTOs willing to run FAA IR to JAA IR conversion courses. On the numbers of the last few years that this stuff has been cooking, the answer will be "almost none" which takes us back to the
practical picture.