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Given that 70 percent of the content to be examined relates to ethics, corporations law and "know your client" practices, I am struggling to see why it would be such an issue if you practice what you preach. If you are uncomfortable in sitting an exam in a manner that mirrors what happens at any tertiary institution twice per year, then that might say something about your education and training in the first place. Personally, I have no problem with a clean out of the industry and if that means I have to go through a bit more study and examination pain to know all of my colleagues are up-to-standard, then I have no issue. Many of us remember being scoffed at when we went to University when degrees first mooted twenty years ago. You had plenty of warning this was coming, plenty of warning.