David Tremayne wrote an interesting piece on the current ladder system used by up-and-coming drivers looking to make their way to F1 in the latest Professional Motorsport World magazine. You can view it here: PMW March-June 2009.
In the article, Tremayne tends to focus on the possible benefits of the new Formula Two series. I will admit, the ideology behind the series looks solid--especially when you look at today's economy. That said, I think Tremayne hit the nail-on-the-head when he wrote, "as long as everybody gets exactly the same standard of preparation on their car", --referring to the future success of the program. Historically, that has been a difficult task for any "arrive and drive" series. Personally, I would really like to see this program succeed.