Where do you stand on the premise of supplementing actual flight training with time in the simulator?

Many DOD components are accomplishing more training in the simulator instead of the aircraft due to limited financial resources and the benefit of reduced wear and tear on aging aircraft fleets. Commercial airlines do much of their initial training and their recurring training in the simulator. Cover the following points in your posts.

• Where do you stand on the premise of supplementing actual flight training with time in the simulator?
• Be sure to identify the positive and negative aspects of replacing actual flight time with simulator time.