Pace - yes but a few training organisations have a strangle hold on the IR at the moment, and guess what, as Bookworm indicated earlier, those few are far more influential than your and my local FBO.
Commercially the last thing that is wanted is a cheaper IR or for that matter any form of cheaper commercial license training. That is fair enough - it may be wrong, but it is not an issue for this forum, which after all is concerned with private pilots.
As I said earlier, in my theoretical world there would have been a chance of distinguishing between commercial and private licenses because, I suspect, the commercial organisations wouldn't see the loss of the private punters a significant enough issue.
It is the art of the possible, and I feel their were opportunities, but they haven't been taken.