I agree with most of what you say but from a pragmatic point of view we have had to try and buy youth to build up the academy and first team at the same time. If anything FFP has made what we have achieved even more difficult than most really see, as a lot of the focus is on the first team but in reality we have played the majority of the last 2 seasons with our under 23 squad and have had to rely on them as the priority has been to focus on building young players into better players to move the team forward.
What I guess I am saying is we look at the first team and see a need for more experience but in reality our first team would not have made the bench and have been given a chance at a lot of championship clubs. Our first team should not have achieved what they did last season. I brutal reality we should have been closer to relegation based on age and experience of players available.
How many other championship teams have gone through a re-build that we have and shown some success in what is a little over 2 years.
Brentford and Brighton are 2 reasonably placed premier teams who have tried to build on statistical based data systems and have recruited wisely and did so whilst in the championship, but still they did not stroll out of the league they put in years of work trying to improve on the model that they have and in Brighton's case spent overt 600 million which is still, I believe owed to back to Tony Bloom at some point unless he converts it to shares ??
Basically what we are trying to achieve is not easy and has a lot of pit falls and learning to go and we as fans can either buy into it or complain at every perceived little failure.
Do we need a bit of experience most definitely yes but I think that a bit of perspective is required as to why we have probably gotten the balance a little bit out as even most supporters would agree if we had 2 players with a track record in this league or higher then we would be happier but only if they are the right player as most seem to forget that Dack was signed because TM wanted him and because he has been crap they now want an extra player.
The upcoming window will be the big test, and it'll tell us whether those in charge of it capable of evolving the model. If they can't figure that out after this season and we buy another load of kids exclusively, then we're likely to get the same again.