Bluebaron, if he hadn't worked for £1000 a month he would of joined on full pay and conditions. Yes absolutely correct he would also received a house on the french riviera, a new ferrari and his own personal harem.
Of course in the real world he would have continued to receive "thanks, but no thanks" card and letters for months or years to come which is the reality for many qualified pilots.
Apply if you can afford it, its money well spent. I went through in the nineties before they paid you an allowance and it was the best thing I ever did.