It is almost the same at Livi and we have loads of scouts week in week out too. Our youngsters have been in the side for 2 or 3 seasons now so are 19/20 rather than 16/17 but it is a lovely feeling to be producing talent and it is the way smaller clubs must go in my opinion. You will also find, as we have, that by giving the kids a chance in the first team more parents of talented kids will prefer them to go to the Falkirk acadamy/Livi youth team than, say, even the OF. I know the parents of one of our star youngsters and he turned down Rangers citing the examples of Snodgrass, Dorrans, McPake, Halliday etc as why the Livi route was preferable.
Sorry to go a wee bit OT but, although the reliance on your kids might be enforced, it could/should be the best thing that has happened to you as a club.