I'm not sure how I feel about this. From a selfish point of view, I had to learn it, why can't everyone (everyone who chooses to learn it, that is)? It's like saying "Mt. Everest is awfully high, I don't think I can do it." And the guide saying "Too high? OK. You climb this smaller mountain and you can still say you climbed Everest."
From the candidate's point of view, it's awfully darn impressive. Not only in content (go back and study it, even if you don't try to learn it - it's pretty powerful), but remember back to when you saw/listened to a man go through the whole thing. You were probably thinking something along the lines of "holy cow! these guys put a ton of work into this stuff!" I know I did, and it made me appreciate it all the more.
Like to hear others' thoughts, though. I think my position is that it would be like new members not having to return their catechism in open lodge. If you're going to learn it, learn it all.