Right, I'm going to bring in another post here but only because of my opinion on training that eventually leads to knighthood or a rank of the same value (dependent upon force alignments). I will need to make it clear that my experience doesn't come from another forum per'say but rather a game called Jedi knight: Jedi Academy.
This was a game that focused obviously on being a Jedi but it was the multi-player that captivated me and a particular clan called ::JEDI:: that every new member started out as a hopeful (guest), soon to be initiated and rise from initiate to the rank of Jedi Master and those specially to the rank of Council. It took me three to four years to reach the rank of Jedi Knight and the Role-play shown in a game while not to the expectations of a site like this, was still very incredibly gifted.
All the above has nothing to do with Chaos, obviously.
But when people begin to question the necessity of training it blows my mind a fair bit. If it weren't for the first two of my characters already climbing that long and arduous road, I would never have tried to become a Jedi Knight right off like this character has. The advantages of playing a student are so much more enjoyable, for the share fact that to begin with you're paired with someone that's going to lead your character through weeks of role-play's, story-lines, missions and adventures that will offer so much character development that on your own, is so much more difficult to gain.
If not for eventually finding a student that will put in the same effort you're prepared to take in their training, I honestly don't think there's a great deal of merit in the above ranks aside from personal value. And yes, as far as the rank of Jedi Master goes, that should be extremely difficult to gain as mastery over something like the force that even the Jedi and the Sith do not hold full understanding over, should be rare and incredibly valuable to both sides of the coin. The Rank of Master was given to those who managed extra-ordinary feats such as surviving wars with great effort towards either one side and doing what either alignment stood for in the most valued ways.