I don't really understand the outrage here.
I do value the traditional PGCE which runs for about 9 months.
That doesn't mean you can't teach without all of this. A lot of the PGCE was dealing with background info, such as the Education Act and how to construct a broad and balanced curriculum. I think these topics are important, but they are not essential to day 1 classroom teaching. They can be run in parallel with the usual NQT stuff, imo. I certainly think it is better than the GTP programme, which may people love.
Having a shorter ITT course is just yet another way of the govt moving responsiblity onto schools. Look what they have done with examination courses. It doesn't mean that you lose the robustness of training. There are lots of routes into teaching nowadays, and each have their little niche. I like the traditional PGCE because that's what I did, but others will fly the flag for the route they took.
Too much here is being said for the vocation and being sceptical of anyone who may think about entering teaching for rational reasons. There are loads of absolutely rubbish teachers in the system and many will have entered because they once had a passion for it. In reality, a lot of teachers are there because they couldn't get a decent graduate job (dons flack jacket at this point).
I went into teaching for quite intangible reasons, including not wanting to give up work completely and throw away my degree. I stepped 'down' from the corporate world to SAHMdom via teaching. I really didn't enjoy teaching in those days (so probably fulfilling the prophesy that most people here have highlighted, but I could mask my failure with lots of new babies). However, after a passage of time, I now love teaching and couldn't imagine doing anything else. There is a season for everything.
I feel fairly strongly that doing something before teaching is only ever going to be an enhancement to all aspects of the job. I feel that experience of life is one of my biggest assets in my teaching. I am convinced my pupils save up their weird and wacky questions just for me.