Sir-
The difference is this. Look at Captain pay on that Q400 vs. what ExpressJet or Skywest makes on their smaller 50 seater.
Look at WORK RULES. Do you know what these are? Colgan doesn't have a lot of them. $21 an hour at Colgan is worse than $19 an hour at Skywest. Why? Work rules. A Skywest pilot will credit much more each month at $19 than Colgan at $21 ...result: Colgan pilots working more for less.
See what I am saying? I don't at all mean to sound unwelcoming to this board I am trying to share with you that NOT all regionals are the same. They are not.
ExpressJet guys in EWR aren't going super-pro-colgan-is-awesome because they are flying LARGER airplanes for less. Who cares what kind of engines it has?