I don´t completely agree with you my friend.
In my humble opinion I think Express Entry will be pretty much like the Australian Process (Skill Select). As a matter of fact I read somewhere that they are indeed using Skill Select as a reference for Express Entry.
You will somehow express your interest in immigrating through FSW and provide some forms/documents for it (Fewer than the actual application. Just ECA and IELTS I think).
Then your app will get in a pool of applicants. They will periodically select (By software) some applications to start the completed immigration process and at this moment will be pretty much like we are having now, but faster. In Australia it happens twice a month for the hole year and the criteria for the selection will be from the higher points to lower ones, not considering any start date.
These 25000 cap would be spread out through the year.
And if you have a Job offer you get higher points and/or have some kind of priority on those selections.
I think this kind of process benefits who have higher points and makes much more sense then this crazy race we have today.
http://pathwayvisas.com/blog/canadas-new-active-recruitment-immigration-may-provide-the-key-to-your-entry/
http://www.immi.gov.au/Work/Pages/SkillSelect/SkillSelect.aspx
Obs: Anyway, my app should be arriving at CIC tomorrow!!! Hope to be on CAP (NOC 2171)