yes they will....if you can sit for the board exam, you'll be hired. There are no specific issues which are listed...they could be as large as practice settings, supervision & evaluations or small as the completeness of the faculty's CV's. You don't know. However...I'm guessing the University of California system has this thing figured out pretty well. They've done it a LOT & lots of their faculty have held positions in other insitutitions.
Their graduates won't have any trouble obtaining positions, especially since half of the 60 graduates are doing residencies!