I agree with Pitchlink on one subject, the written test needs to be overhauled with better subject matter, I disagree with the opinion that just by raising the minimum hour requirements and making student better at ops flying will reduce the number of pilots looking for work, if the jobs aren't there they aren't there no matter how good a low time pilot you are. Just by better training the job market won't suddenly improve!
As far as flight test standards go, one person who posts on this board passed his flight test with 75% of his total time, it's rare but not unusual so it can be done. This left him more 'operational' flying time. There is also a fair amount of 'interpretation' of the flight test standards from region to region. Shouldn't be but is.
The only reason the flight time should be raised to 150 if either the instructor takes a long time to teach each flight lesson (maybe by sitting on the tarmac, blades turning, burning time talking) or the student is slow or no good (and therefore should be told as much).
The 35 hours of solo time has been and will be a contentious subject, with some (not much) movement at the top of the TC training division may come some changes but, by the new draft of the Flight Training Standards, don't expect much. To believe that the requirements are rediculous and a waste of money shows that the instructor has no concept of what those hours are to be used for.
The funny thing is that with all the talk nothing really changes, pilots will still get training at one of the multitude of flight schools around the country to all various levels and all will look for that first job. Some will succeed, some will fail, that is life. If you are a pilot, enjoy what you do, if you are an instructor, do the best for your students, noone can ask any more.
For those who have read this far, remember this is only one opinion and really doesn't count for much.
Thanks