Originally Posted by HPIC

Yes, you meet the published requirements...but double your numbers and you would be in the vicinity of the lowest time pilot that was in my class. Many of us were in the 8-10k hour range. Most had significant PIC jet, 3-5k or more. Almost all had 121 PIC or military PIC time. The total time ranged from 5k to 17k or so.

I can't speak for other classes, but I'm guessing the numbers aren't far off, so I'd say those are "competitive mins".