ChubbyChopper
I am very sure the regulation will change to what degree is the question.
EASA changed the deadline from 2012 to 2014 for the claimed sole purpose of obtaining a Bi Lateral agreement with the USA regarding licence recognition.
Most regarded that claim as false and as a smokescreen to smooth the way for the current legal framework to go into law.
We now know that both sides EASA and the FAA are motivated to add FCL to the bi lateral signed up recently.
EASA have only recently turned their attention towards a bi lateral on FCL and the good news is that both parties finally appear keen to achieve one.
EASA are also aware of legal problems regarding the present framework with employed working pilots so while I understand why you dont feel the regulations will change I am equally sure they will. What we have today will not be what we will have in 2014 or 2016 which I also feel is more likely!
To what extent those changes will be is the question mark but as a working ATP I wont be rushing off to study 14 exams quite yet.
pace