Thanks to G-V, think I got this pay thing figured out: A new C-182 costs about 3-4 times as much as a beat up Aztec. Ergo, a pilot hauling boxes in a late model C-182 should make at least twice as much as one doing the same in an old Aztec. Further, a CFI instructing in a newer C-152 should be paid more than one instructing in an old Cherokee. This makes perfect sense to me!