personally believe that seeing a bit of experience "up the front" inspires confidence in the travelling public. I know I feel safe when I see the Captain's hair is greying a little.
A as passenger numerous times over the last 5 years with Qantas, Virgin Blue and Ansett, I have never EVER seen the flight crew. You might feel safe with a grey haired old captain up front, but most people don't even look. So whats the difference!?!?!??!
BTW, congrats to those that got in, and good luck for what looks like a long and fulfilling career. I hope to join you soon!