Originally Posted by PotatoChip

Directly from SWA:

Q: I have just obtained a B737 Type Rating, how will Southwest evaluate that achievement?

A: Some candidates may have recently received a B737 Type Rating; we understand their commitment and recognize they may be targeting an opportunity at Southwest Airlines. That commitment will not go unrecognized. Even though the type rating is no longer required, it is still beneficial and will continue to have value in the screening process.