Thank you Nugget for a very balanced and informative post.
I did find that many within the NAAs and JAA/EASA did not take into account the considerable number of privately operated SET aircraft that were actually safely operating within 'EASA airspace' on a regular day to day basis. This includes a considerable number of Piper Jet prop aircraft that have been modified by replacing the piston engine with a PT6.
There were and still are some very good operators who operate to the proposed regulations but also many privately owned aircraft aircraft where once the pilot had been issued with his 'Type Rating' (not required for the C208) then they were left to really set their own standards for recurrent training.
Yes there have been some accidents to SET aircraft in Europe but in general these have not been caused by the loss of thrust but more likely by flying the aircraft outside of its permitted limits.
The changes in the way that the winds aloft, glide distance, traffic/terrain mapping, and weather data and programmed landing sites is now available to the pilot will further increase safety.
The requirement that the pilot can (should) only use the 15 minute risk period once per flight is clearly nonsense and is not in accordance with the ICAO SARP as the potential for loss of thrust in the cruise sector is significantly less than during the climb out.
I just hope that there are still a sufficient number of experienced Operations Inspectors employed by the NAA to deal with the applications in a timely manner.