Having the type does in fact add points in the lineup, no question.
The type is not required, and yes times are changing. Two years ago, only 6 in my class did not have the type.
That being said, if all things are mostly equal but one pilot has the type, they will get an interview first.
While it may not make sense financially anymore, being hired a few months earlier can make a big financial and QOL difference down the road.
If you have outside resources to pay for the type, I would do it.