1.3Vstall
"Not good for all" depends from what side that you look at the problem:
Independence might be great, but let's say it's the CAA, would there be politicking between the SoS Defence and the SoS Transport? Would it be cheaper or more expensive? Would the military lose it's advantage to just do stuff in times of crisis? Would all military flying be regulated by rules written, in the main, for public commercial air transport? Would the added expense of civilian licensing all of our aircrew, engineers and air traffickers be affordable and doable in a short period of time? What would that mean for 'legacy' personnel too old to retrain in their last, say, 3 years of Service? Would the MoD ever recover from the reputational damage of not being able, or be trusted, to self-regulate?
I don't know, but my opinion at present is that it would not be "good for all", unless you would like to offer your considered view?
LJ