Alas, my lawyer explained it to me like this: There is a front door (that allows people to submit paperwork), leading to a back door (that gives people Green Cards). You're already through the front door. All they're proposing is that the front door should be bigger, but they (the USCIS) don't have the resources to process even the people who are already through the front door and push them out the back door. Nobody seems to be proposing more resources so that the USCIS can get people through the system more quickly.
Gov & Bush admin. has allowed 30+ million of unskilled, illegal aliens to enter and is fighting for their amnesty and yet they're making it extremely hard for highly skilled people with US college degrees to stay and contribute to job creation. This is an insane policy that needs to change.
I admit I have not thought through the political and economical consequences very far, but it seems like skilled workers are a national resource to be treasured. If skilled engineers want to come, I say let them. Better than competing against them.
yc may see application surge.
Don't think so. YC model is biased towards college students or recent grads. Most of these folks we are talking are already working. They end up moonlighting than going for YC.