Ha! I'm still waiting for the call that was coming four or five months ago after the meet & greet and before they panic stopped all interviewing and hiring.

What's competitive is whatever gets you called. Unless you're planning to add a bunch of P-51 time to your logbook, apply with what you have and wait like the rest of us who have been doing this for the last six or seven years. It costs you nothing but a few minutes - the Alaska application is mercifully short compared to the "break down your flight time 15 different ways" of the paid application services.