All good points.
The reason I am considering this is because as it stands right now we (my school) do not have multi students breaking down our door for training. So paying for 15 hours of Pic time and then the MEI ride does not make much sense.
Right now I am just talking to one of the senior captians with a guaranteed interview. This is all I know about the process from another instructor who joined them this spring.
So... inorder to get multi time and an upgrade in about 3 years, I believe this might be the better route given current conditions. The upgrade training with the PIC is paid for later down the line I believe.