Being a Moderator never has precluded one from having an opinion. Everyone is free to have one here.
Once you've worked through the industry from Wannabe, PPL then Commercial Flying Instructor, and then into the airline world PLUS you've considered all matters Wannabe for many years you will very probably come to the same opinion that I have.
Its not a simple issue.
However, the wheels are in motion and the facts are that there will be no more Non JAA companies authorised to train for the JAA license.
PPL and hour building will still be available in the US but its getting less attractive. Good news for the local flying school, club and instructor on balance.
If you don't get sponsored (lots of people) and the airlines aren't interested in you with 180hrs fresh out of College then this is also very good news for you.
WWW