Your question was about LCC's and not regional flying, I'd say that it WOULD be a factor.

The truth is that many of the LCC's in the US are organized and profitable because they operate in a niche. Southwest is a great example of how a carrier can pay leading wages and make a profit while paying labor a fair wage.

New entrants like Virgin America and Skybus are trying to pass the cost of doing business to labor. I would question the judgment of a pilot who was willing to work at an airline operating an Airbus 320 for less than regional wages.

Would I welcome someone like this "with open arms"? No way. If you can't show some respect for yourself, why would you expect anyone else to?