Last time I heard it was still in the process of being submitted. I thought they were calling for submissions from everyone.
I was thinking more along the lines of Junior C-Cat and Senior C-Cat... It's a big step to move from C to B Cat, and I'd go nuts training within the same 25 nm radius for 250 hours!
Or maybe they should bring in a basic C-Cat, which was restricted and then you could add a nav rating to it, so you could do navigation flights after a certain amount of experience, or a CPL training rating... The direct supervision thing is probably a good start for the first 100 hours, and I agree, it does work, but does it need to go further?
The only other problem I foresee is that I can see ASL rubbing their little greasy hands over that scheme.. cause you'd probably have to fork out each time you wanted to do a rating, unless you made it a B could remove the endorsement...
The student loan thing is a good point, I might just start a thread on that...
BTW I'm a C-Cat myself, so I'll probably putting myself outta business.. I'll shaddup now..