I wholly agree with Superpilot and I think P2F is very unfortunate for all involved but it is a fact of life now and the only way into the industry for many.
Not an airline pilot myself, (just about to start work offshore RW after the mil) but I have many friends who are in airlines. I found it gobsmacking how many of my buddies colleagues could not get any flying work after their IR and I find it hard to blame any of them for trying their best to get on in a terminally depressed market. In their shoes, I am sure I would do exactly the same.
I only hope the RW world does not go down the same P2F model as FW, although the perceived relative lack of glamour probably serves to deter the majority from offshore etc....