i don't think you can say ACE is really a bad thing, maybe in some's opinon its unecessary, but it is a good program. i've seen a sim session, and spoken with many ACE grads and they all rave about the quality of the program. i think the big question people have is if it fits into the timeline for it to be uselful by the time you actually get to the point at which you're qualified to get hired by a regional. the two points are a fair distance apart. word is though, that after completion of ACE you are allowed to go and use the sim to stay sharp, and also more marketable, as well as the AST300. thats just what i heard though, don't quote me. another thing that you hear people worry about is that they'll run out of cash before they finish their instructor ratings...ACE is now ahead of CFI so if you run low on $$$ you sacrifice an instructor rating vs. the ACE program. i'm just glad i'm well on path to having plenty of money left because i know i to would worry about this problem, who wouldn't.
i still think it makes more sense to keep ACE last, allow people to easily finish the CFI ratings with enough $$, and tell them that if they intend to work for Panam that they are required to take the ACE program to be considered for employment. i think you would see many more people pony up extra $$ to be able to work here because they don't want to see the time they've spent here already to go to waste. in todays market its hard to get a CFI job unless you trained at the intended place of employment. so, instead what is happening is that people get right to the point of going into ACE, questioning their finances because of how the new timeline of courses is, and then decide to go elswhere for their CFI training as well as bypass even going into ACE (HUGE loss of revenue for Panam). i hear this a million times from people on campus "my cash reserve is low so why would i skip an instructor rating to get ACE instead?!?", and "if i don't have enough cash to finish ACE along with all my instructor ratings there's no way i'll take out more loans to finish it all, i'll just go to the local FBO, other flight school, etc and get my ratings there and save $$ by skipping ACE".
you'll hear these complaints over and over again here. the way things are set up now with the ACE and CFI timline really forces people to question completing ACE through MEI...it sucks but it also tends to weed out more CFI candidates and give those who stick it out through MEI a better chance at securing a job as an instructor here. i hate to see people have to drop out because they can't achieve what they set out to because of money problems, but at the same time everybody who wants to be a CFI here probably loves to see less competition for a job, yet again, who wouldn't.