First of all, if you called FSI Teterboro today and asked for a slot to send a guy for a type, they'd tell you "I'll put'em on the wait list...which is running into next year as we speak." I know this for a fact as I had this conversation with them yesterday.
Second, why not hire a guy with a type and time? Initial's are running $45-50K while recurrents are MUCH less expensive and easier to get into.
Third, as someone mentioned, it may be insurance driven.
Paris should have their sim up shortly (if it's not already). Dallas (FSI) hopes to be up this fall. SimuFlite (Morristown) hopes to have one up late 4Q06 or 1Q07. Relief is on the way for FSI-TEB and they sorely need it. They're back-logged with initials right now and recurrents are suffering for it as well.
2000Flyer