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I met this guy who has a son that is 16. He is in CAP and enjoys it very much. The story I am going to tell you I think is a lie.
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Nope, 100% plausible. As a cadet, I flew on C-182s many times, KC-135s several times, C-130s a few times, and an HH-53 once. Friends of mine had opportunities to ride in T-37s, F-16s, and even the venerable F-105, back when it was still in service with the AF Reserve. I even got a free trip to Europe out of CAP as a cadet. Oh, and they paid for my flight training through my first solo back in '86, too. Not a bad deal any way you slice it.
Most of the griping you hear about CAP from the aviation community (and even from the Air Force) pertains to the adult (operations) side of the program, not the cadet side. Many will suggest that it's due to the number of military "wanna-bees" that CAP attracts, but the truth is that bona fide military veterans have been a bigger source of problems for CAP than the wanna-bees. The rest of the organization's problems stem from its volunteer nature: you simply can't make a volunteer do something they don't want to do--whether it's wearing the uniform properly, filling out paperwork correctly, even flying airplanes correctly. In the end, the only power we really have over our volunteer members is to invite them to leave--which is often problematic in and of itself.
CAP's a great organization--I wouldn't have stuck with it for over 20 years if it weren't--but it's one whose potential often goes unmet due to the nature of the beast. As much as some would like it to be, it's not the Air Force Reserve or Air National Guard, we don't have dollars with which to lure members, so we take what we can get--and the quality of people thusly varies widely. One thing that's fairly constant is the desire to serve country and community, and doing so on your own time, at sometimes great personal out of pocket expense, causes one to overlook individual eccentricities. Your mileage may vary.
p.s, I completed the entire cadet program too--and proudly hold Spaatz Award #901.