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It looks like the FAA has decided “pilot experience in other aircraft types cannot be used to comply with MU-2 operational requirements.”

http://en.wikipedia.org/wiki/Mitsubishi_MU-2#Safety_Concerns

One of the points made in the gp's link is that there are flight characteristics of the MU-2 that are different than other dual engine planes.

One loud statement is this:

The fact that lack of training is the primary cause of the high MU-2 accident rate is supported by other data. In Europe, where the equivalent of a type rating is required to fly an MU-2, the accident rate is less than half the rate in the United States.

He only had 11+ hours in the MU-2... total flight time doesn't matter.