MACH2NUMBER,
I wasn't disagreeing with you but trying to add to your points. I agree that, obviously, too little practise and recency is unacceptable. However, for a pilot with many years of display experience and significant display experience on type then the military display currency requirements are greater than necessary and can be significantly less without incurring an increase in the level of risk or probability of an accident.
Please note that I am discussing a generic philosophy here and am making no reference to the circumstances of the Shoreham accident.