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I last played in the Swiss leagues in CM4, when the competition setup was completely buggered and SI never fixed it with a match. I haven't played since then, but I helped to provide the information to clean up the Swiss leagues, and I believe they now function properly.
The only problem with the Swiss leagues for LLM purposes is that all the clubs are very reach. It poses no real financial challenges, even in the lowest playable league. But it is an interesting system of splitting the season and having the "A" and "B" groups to determine promotion and relegation.
I agree, it doesnt pose too much of a challenge, even though I took over the favorites for relegation, I still get 10,000+ in at every home game, and loads of money for wages and transfers (for a part time club).
But if anyones starting out as an llm its a nice easy intro, before you go more hardcore.