No.
Why do we have to dumb everything down? Who is to say that the applicant didn't do 120 take offs and landings in those 12 hours? Who is to say that the applicant didn't do a 15 minute aerobatic routine every week? I would hope that most people flying professionally have the ability to hack a Cessna around the circuit safely, and those flying more complex types have the common sense to keep more than minimum legal currency. What is to be gained from going for a jolly around the local area with an instructor not obliged to train or test anything?