Personally, i think MPs (at least the main mp, the Prime Minister) are paid too low.
I'd rather less but more bright/capable MPs.
Trouble for the electorate these days: who would now take the hassle of becoming an MP with all the media scrutiny on nonsense it entails?
Almost certainly not the brightest and best; and those who would be attracted in, when you consider the salary and media scrutiny etc, why wouldn't you use it to feather the nest of your next job on the board of a company you lobbied for/changed the rules to help?
Moi? Cynical?