This is basically what I thought it would be, minus the CDO's. However I am not against the CDO's... but I don't think people should be forced in to them. In other words, make them lucrative enough where they go senior.

The 5:15 is nice, but if they get CDO's the 30 hour layovers will go down a lot... so the 5:15 vs 4:30 currently won't really come in to play.

The equal pay for reserves is nice and long over due. It matters on green slips.

Pretty disappointing they only got a 13 hour long call leash I was thinking more like 14-15. Guys that commute to reserve will still have a small window where it will be tough. With 14-15 hours commuters stuck on reserve had a little less stress.