first things first, i have not been an instructor for 2 years.

if you look in the FARs though it states under 61.195(H)(2):

Except for an instructor who meets the requirements of paragraph (h)(3)(ii) of this section, a flight instructor who provides training to an initial applicant for a flight instructor certificate must—
(i) Meet the eligibility requirements prescribed in §61.183 of this part;
(ii) Hold the appropriate flight instructor certificate and rating;
(iii) Have held a flight instructor certificate for at least 24 months;
(iv) For training in preparation for an airplane, rotorcraft, or powered-lift rating, have given at least 200 hours of flight training as a flight instructor; and
(v) For training in preparation for a glider rating, have given at least 80 hours of flight training as a flight instructor.


61.195(h)(3)(ii) states:

(ii) Have trained and endorsed at least five applicants for a practical test for a pilot certificate, flight instructor certificate, ground instructor certificate, or an additional rating, and at least 80 percent of those applicants passed that test on their first attempt; and

now i have a 100% student pass rate for more than 10 applicants, does this negate the 2 year rule and allow me to teach an initial CFI applicant. the general consensus has been you need to be a 2 year CFI and log 200 dual given. but when i look into the FARs, this seems not to be the case. am i missing something??