Well I'm not dutch and they seem to have done ok for me.
You do go into the same holding pool as some dutch guys on the Europilot scheme I agree.
Its a good scheme - especially so at the moment with little recruitment by airlines unless you are type rated with an excess of 1500 hrs. It enables the low hour guy to get into some airlines where they would not previously have had a chance to get in - even before 11/9. Monarch is one example given earlier.