On a slightly related note, from the EJet new hires I've flown with, I'm starting to feel like the 1,500 hour rule should be ammended as follows:

1) Set the bar at 2,500 hours TT, except:

2) Give 3x to 5x credit for any 91/135/121 turbine PIC or any military hours (including rotor)

3) Give 2x to 3x credit for 91/121 turbine SIC

4) Give 1.5 to 2x credit for CFI dual given

Or something like the above. In retrospect--now that I'm flying with new hires in the right seat on a daily basis--it was a highly irrational decision for the final rule to quantify all flight time as equal. While I understand the restricted ATP provides credit for slightly more rigorous training, the idea that all 1,500 hours are the same is absolutely absurd.