I suspect that is correct pace I have heard that the IR is alot more partial panel and the oral is alot more in depth. But if you wait and transfer across to ATP in the sim on a type its easier than a EU LPC. The oral work on the FAR's is the challange.
The EASA theory isn't as bad as you think.
The question banks are allowing people to get 99% averages.
Even when I did them when JAR first came in and there was some 1000 questions on photo copied paper knocking around they wern't that bad.